My cousin is using one and likes it.Cell service is weak at our cabin PF so it would not work there.Might be good for a smaller house in an urban area with good cell service.

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

Look for loans such as DSCR (Debt Service Coverage Ratio) loans. 4.

While their services may seem expensive, they can save you money by maximizing deductions and ensuring compliance with tax laws.

It really does depend on timing of being put in service, that bonus it qualifies for (if any) and the life cycle of the elements that can be advanced. 

Her RE Office put together a "Service Referral List".   

And yes I would recommend my services :) Hey @Donald Hatter!

What kind of seasoning is generally required as it relates to the rents/revenue as it relates to servicing the note, etc...I currently own one PadSplit (acquired via Subject-to) that has been up just over a month.

So my question is how can/should LPs verify the lip service GPs give on their experience and handling of this space? 

A good friend of mine has a real estate related service business he wanted to scale.