What would one of you suggest for a medium term operator whose tenants may be over using a specific utility like gas or electric.

Welcome Sameul, Sounds like you're doing some great things.

But it sounds like you should also balance your decision on what fits you and your families preference and style since you will be using it personally. 2.

It could very well be its all lost but seems like a big jump to conclusions by investors that basically did very high interest rate investing and expected  CD like performance..

One who is active still and recently did a case study write up like this is Don Konipol, the other pops on every now and again and did a BP episode many years ago Aaron Mazzrillo so search those two names and read some threads.A more likely scenario is not what you mentioned as the ever growing note/value deal, at least not as outlined.

If you have a self directed account and invest pre-tax money into illiquid assets like syndication or mortgage notes they will come in at a value of less than the principal.

As a student without W2 income, you may need to show alternative income sources like savings, freelance work, or a job offer.

Would you like a copy of it?

Avoid them like the plague. 

Let me know if you'd like to chat.