One other thing that people in their 60s can consider is - if you are planning on taking Social Security and making passive income part of what you live on, rental income may not count as income against your Social Security benefits.

Provide clear instructions on where and how to pay to avoid confusion.Recover Security Deposits: The current property manager is legally obligated to transfer tenant security deposits to you or the new management company.

But I also understand some people don’t really care about the cash flow as much as the security of not having to worry about a vacancy or whatever.

Most of my money is in it since 2018 because of the cross collateralized security since it is a debt fund and i steadily cashed out of all other syndications that have continued to deliver less than promised or not deliver at all.

I started to create our company website with my good friend, Scott Corbett (Lightmark Media), and we started working with our securities attorney to put together two 506(c) offerings.

You are not a borrower, you are not liable for the debt, you may need to sign the security instrument to allow the mortgage to be recorded, but this does not change the above statements.

If ODC cannot execute on their funds and are falling well short of performance expectations, then I'm not sure how any potential investor would feel secure in this new 'private credit fund'. 

There funding is almost never secured for more then a year at a time.

I specialize In helping investors like yourself locate, and secure investment properties and provide a hands off experience along the way.

They have a group of funding sources that will compete against each other, this helps keep the final interest rate within reason, and offer a partial refund if they are unable to secure financing.