It would be like being trained by a neighbor on dog walking and them giving you a piece of paper calling you a certified dog walker. 

Tenants in common is when you acquire a property with the names of more than 1 person.Acquiring through an entity, is when an entity acquired the property and there is paper-work indicating you and others own the entity.

They look good on paper but are typically money pits in real life. 

Scan the local papers and try to find any vocal neighbors trying to ban STRs.

Then sell the beneficiary interest in the land trust to YOUR buyer/investor.This way on paper it will look like your trust is buying the property.

I plan for the long term game and rarely ever sell so even appreciation is only on paper.

", shows your inexperience.The cashflow numbers for Class C & D properties only look good on paper because few investors plug the correct assumptions into their ROI calculators.Have seen many newbies use a 5% vacancy factor for Class C & D properties with nothing built into their calculations for tenant-nonperformance or the extra damages low-demographic tenants statistically cause.BTW: we recommend using at least a 20% Vacancy+Tenant-nonperformance number.

Second, let's assume the 14% projection is net of all fees and carry, that means the underlying sponsor actually needs to create a much higher than 14% return to Wellings to ultimately net you the 14%.  

This approach minimizes potential friction while still providing sufficient time for them to make arrangements.Using certified mail for official notices ensures legal compliance and provides a paper trail for documentation purposes.

Mohammad,Without knowing the taxes and insurance it seems like a good deal on paper.