I’d like to talk with anyone who has dealt with these kinds of loans before.

:D Thanks so much for the kind words.

Feel free to share your personal experience around these kinds of folks.Thanks, and Merry Christmas!

Ryan, this kind of deal reminds me of a situation a friend of mine, Carla, encountered a few years back in a suburb near San Diego.

This seems counter-intuitive as I doubt you’ll ever find a really good PM company but the headaches of managing any kind of a problem remotely overshadows the ongoing concern that a PM company is inefficient and expensive (at least it does for us).

Hi Anderson,Thanks so much for the kind words and encouragement!

Kind of like betting on Vegas having a snowy Christmas. 

Still overanalyzing.A risk-taker might lose your money.What You Should Do:Figure out what kind of investor you are.

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

Go dabble in other asset classes they know almost NOTHING about to then blend a portfolio to entice investment.Personally if I lost that kind of money for investors I would not be able to sleep at night.