As "proof" that they are legit, they sent me a copy of a DE vorp good standing screen shot and a fake HUD statement showing $1.2 million on a property that was sold for $200k three years ago.

@Jose'Luis De La TorreWelcome to BP!

@Jeremy C.I looked at their (JLL's) website and see that they have a history dating back to 1783 in London England and have offices in DE, MS, DC, & VA.

This is why in the "proper" construction world, the GCs have many meetings with their subs to de-scope the bid.

Purchase price: $175,000 Cash invested: $43,000 3 Bed 2.1 bath 10,000 SQFT lot Cul-de-sacCharming home completely remodeled.

But ideally you don't tell us, you are just going to have agents pitch their city like @Julian De la Guardia & the sort.

@Julian De la Guardia thanks for the feedback.

Quote from @Oliver De Ausen: I have a Bennah Oaks investment as well.

The primary form of diligence we see on the forums is "what do you think of XYZ sponsor and deal" whereas the common form of diligence in the space by institutional investors, large investment groups, family offices, and sophisticated investors involves following the sponsor for years, underwriting the deals, validating rent comps, background checks on the general partners, and a host of other diligence that materially de-risks the investments.  

Quote from @Julian De la Guardia: Hey Tim,House hacking is not just a good idea; it's a fantastic strategy for someone in your position.