is it  c/d ?

I hate owing people money, but….Put the money in a bank cd and earn 5.4% or more? 

Its all fine when it all works but there is no way you can have perfection of 15k deals and not have some warts and some bad ones were the players just go dark and walk away which causes the underlying lender into a foreclosure.

If you put the $500k you got tax free in a guaranteed bank CD you earn $25k+.

So buy in the C D areas, its all about price , Oh and hire a PM co Good luck 

The utilities will cost nothing (hence zero net).There are a limited amount of growers, processors and dispensaries in MD so the market is controlled.https://cannabis.maryland.gov/Pages/Cannabis-Business-Licens... well then the big money players should be lining up for this.. 

The rental is priced over $1500/month and is either in a C/D neighborhood or the property is a dump3. 

There's oddly a lot of This is very true, with this large amount of capital, need to think big like NFL player level.I read financial proforma of class B hotel in Maui, it's pretty darn good, in fact it's perhaps the top ten best performing hotel in US in term of vacancy and RevPAR.STR and stuff like that is more for small investor like us with half to 1 mil buying power, but when it is above 5% you really need to talk to some serious developer/realtor in the island and understand the business.If I have that size of capital I would import contractor from California to finish my project in Kukio LOL Currently in kona there're only few new construction that can still being built, I guess it is selling for 1.5mil and above.

If this is a business purpose only DSCR lender, they may not issue an LE or a CD.

We have been happily surprised at the upside available from paying a full, fair price to a mom-and-pop seller, upgrading, increasing revenues, and selling to a higher level buyer (like an institutional player).