Thank youRocky V. I

@Jason V.  I

Real Estate brokers license. and the investor is domiciled in CA.... . other wise what you have can be deemed selling a security.. there is much more to just getting money from folks that blasting a rate of return out on the internet and getting inexperienced note investors to invest in these deals... there are rules of the road.. you may want to check into how this affects you being a CA resident vis a vi this loan..

@Vi Prich I wouldn’t sell.

Here's an example of what I mean: https://www.zillow.com/homedetails/68-Lovenlund-Est-L-Saint-Thomas-VI-00802/2059252459_zpid/We go for the USVI Short Term Rental A license for an extra $65/yr, since this place definitely looks like it can hold 5 or more.The 12.5% tax they remit for you is a bit steep compared to most any other market I’ve seen in the US, but such is the price in the Caribbean.

Quote from @Edward Toomey V: I have been using RentRedi for 5 months now and I am switching back to Quickbooks and will be looking for a plugin payment collection system.

You can in certain places do easy platting's by doing deed descriptions but those are generally done with Township Section and Range descriptions as noted above.I think this gentlemen feels he got his moneys worth and 50k is a drop in the bucket vis a vi a lifetime of RE investing and making money..

Originally posted by @Rocky V.:I

There are turn key providers that will source at cost rehab at cost and simply charge you a one time management fee that in my mind is about as good as you can get.. vis a vi value proposition.

@Dawn Anastasi Dawn those are just awesome numbers.. 1595 rent out of a 88k homes that for us west coast people is mind boggling. we rent 350k homes for 1700.rents have a ceiling here. like 1.5 mil sfr's will rent for 5k a month or so.its not exponential on property value vis a vi rent.No wonder you mid western investors have all the dough :)