Quote from @Roli E.: Thanks  for the insight, they ended up adding an invoice to the escrow statement. 

Cons are the liquidity event that your parents will have to do to purchase the home (I assume the funds are in some sort of investment today so there's likely some tax ramifications on cashing those securities).

I know the founders personally, and the ability to call or e-mail when I have an issue and get a quick, personal response makes it worth every penny.

Some lenders specialize in asset-based lending, considering rental income on Schedule E, especially if you have strong rental history.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

If you want to e-mail me the site plan the engineer came up with I'd be glad to take a look at it and see if there are any inefficiencies in it.

And Exchange systems would add so much liquidity and fluidity to the note market which is what I would love to see a Blockchain based exchange note market. 

Quote from @Abel Curiel: My favorite AI posts are the ones with emojis in them.Didn't even know you could post those on here AI is not allowed.

Finally, your hunch is correct: when the syndication cycle closes, your past "free lunches" will have to be paid for, aka recapture.Here're some relevant posts from your favorite site:https://www.biggerpockets.com/forums/51/topics/839015-are-sy...https://www.biggerpockets.com/forums/51-tax-legal-issues-con...https://www.biggerpockets.com/blog/real-estate-professional-...  

I grew up with a realtor for a mother, but she’s not too well informed on new construction.As it stands today, I have roughly 70k liquid and looking to invest in building a new construction home for profit.