I wonder if he bit off more than he can chew.Its been a tough road last 3 years or so..

Location matters too like you mentioned above, no one wants to drive along a remote winding road for 30 mins to get to a major attraction.

He also used a lot of other questionable tax-dodging strategies like writing off high-interest loans to his kids, fudging numbers on the value of his properties to pay less taxes, then fudging them the other way to get loans, etc. etc. etc.... let's not forget his company was found guilty of criminal tax fraud.

Hello Community, as you might see I'm not to new of member in Biggerpokets, but I continue learning everyday about investing in real state.If you want to connect, I´m in southern Virginia around the Hampton Roads area send me a message and lets connect!!!

What's the risk to the local roads for short and long-term hazards?

You want to fine tune what the answer to this is because too many people start thinking the road to financial and time freedom is a lot shorter than it is.Find some local real estate investor meetups and talk to other investors and learn about their path while you find yours.

If yes, please explain why:We may run a credit check and a criminal background check. is there anything negative we will find that you want to comment on?

Down the road, if the borrower is in a different situation and they want to use conventional financing, the loans that they personally guaranteed will count against their 10 properties financed when a conventional underwriter pulls a drive report. 

They may be family/friends but it is still business and having your t's crossed and i's dotted will save you trouble down the road. 

It's sitting on 1.5 acres and right off a state road in between a few big towns.