Just know the layers involved and be sure you are still able to complete due diligence on the sponsor. 

Hi Alex - There is a different things to consider when involving international investors.

Ps I'm all about giving back, so I would be interested in helping out some high school kids for sure, or getting involved with mentoring somehow.

. - Are u sure there was a 1031 involved?

Hey @Devon Moore not sure where or why you'd lean towards a land lease unless that's standard for this developer.In my experience its difficult to capitalize deals with ground leases involved.  

To be clear, the potential guest involved wanted to walk through the rental prior to booking it. 

Risk Management: Be aware of the risks involved, such as unexpected renovation costs, property management challenges, or changes in the housing market.

My main advice for avoiding liability is: (1) work with a great insurance broker to get comprehensive coverage; (2) avoid signing full recourse personal guarantees whenever possible; (3) max out your 401(k) or defined benefit plan with ERISA protection; and (4) strive to reach a point where you’re not personally involved in the business’s day-to-day operations.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Higher Fees and Costs: Cross collateral loans may come with additional fees, such as appraisal costs for each property involved, which can increase the overall cost of borrowing.In conclusion, while cross collateral loans can provide valuable opportunities for accessing larger amounts of financing and potential cost savings, they also come with considerable risks and complexities that borrowers must carefully consider.

I have a strong network here and know the key players/stakeholders in the community and am trying to learn how I can get involved to make an impact to change the community and restore the existing (beautiful) infrastructure.