I'm a fortunate because I have a relative who lives about an hour away from Luquillo and he checked up on the place while it was under renovation; however, even if I didn't have him, it's still doable.

I'm fortunate to be in this opportunity, I just want to make sure this is a win-win for both of us, and that we can build a great long-term relationship.The only other place where his money would work this passively would be in VG index funds, making 5-7%.  

You can loose a fortune.

I do it to build relationships with investors and developers, and I am fortunate that my firm carries me when I have a lot of residential transactions going, as do my commercial transactions or larger developments, but in residential attorneys' defense... the only way to make ends meet doing residential real estate for a lawyer is high volume, and that means you can't take 20 calls or emails from every client.

Fortunately I hadn't sent the tenant their security check back yet.

I read about Dodd/Frank and fortunately, I am not providing any financing,  This will be a regular lease and purchase,  Tenant/Buyer has his own financing,Thank you!

Fortunes will be made by locking in low interest rates on 20 year mortgages.

Banks make a fortune on it fact they like late payer’s fees part of their business model.

They are all now worth a fortune through various franchises.

You make it sound like i should have asked an accountant to review my posts before I submit them to Bigger Pockets hahaThat wasn't the point here but anyway.As for Bigger Pockets and making money.Made an absolute fortune due to Bigger Pockets and I love tuning in for hobby purposes to correspond with the many keyboard cowboys on here.Much success ;)