His word isn't worth the air it displaces anymore. 

What are the chances that multiple people would do that at the same time? 

And you can self-manage, which you should absolutely do for both your cash flow and your education!

Just to clarify, there is no limit to what you can raise as a nonprofit but, as Shonda mentioned, you can do a simplified filling if you intend to raise less than 50k a year.

Due to the nature of the STR property criteria in Cape Coral, it's very rare that a STR could be converted to a successful LTR.

Question - if you’ve contracted for a property you intend to “wholesale” - i.e. flip the contract - and that doesn’t pan out, do you exercise a clause enabling you to exit the deal, or do you close it in your name?  

It may be a good option for someone that has a house already and is considering renting it out vs selling. 

Many times if it sounds too good to be true it is. 5% down and 5% on a rate would be well below industry average currently

If you are looking to fix and flip, just make sure you look for a 12 month term, non-dutch interest on the rehab funds (this means you do not pay interest on the rehab money until you use it), no prepayment penalty, and avoid any lenders that escrow your payments at closing.

And if you have to cancel a policy for this you usually get the pro rated premium back so it pays to check and change it if you have to.