A further internet search reveals an online complaint about someone with the same name, also from Utah, who is reportedly associated with other real estate companies that someone is claiming ripped them off: https://www.ripoffreport.com/reports/property-23-nate-heaps/american-fork-utah-84003/property-23-nate-heaps-green-clover-properties-retiree-ripped-off-of-retirement-savings-a-828667. 

Providing you can have loans secured on your property up to 75% of its value,  I think the correct  calculation is (230*0.75) - 42 : Which gives you 130k yes, you're right, thanks We recently set a HELOC with American Heritage credit union with a fixed rate of 3.99%, 3 years draw period and 10 years Amortization period .

The location is just off post and the layout of the home caters to the American family, as the layout is very open and spacious. 

You just have to be really careful where you buy since it went from a Class D neighborhood with dilapidated houses and lots of graffiti where I would not be comfortable having Airbnb guests walking at night, to an ever-expanding high-fashion retail Design District all within about 5 years.  

It's basically a huge canal that runs behind the Scottsdale Fashion Square mall, which has really been remodeled over the past 10 years or so. 

Especially Americans are so focused on work that it's easy to forget to enjoy life along the way.

@Elle Bi yes if you're being offered an investment and the offering is stating 'accredited investors only' (and if it's being advertised to you in any fashion regardless...) then it will be a 506(c) offering and be for accredited investors only. 

Interesting but sobering article on those who fall on hard times & for many reasons could not prepare for the inevitable .... retirement.https://www.marketwatch.com/story/many-older-americans-are-living-a-desperate-nomadic-life-2017-11-06

If the contractor was willing to share newly sourced tapes to bid on is that significant motivation to work together in some fashion? 

Ask questions (and build a relationship) the old fashioned way...have a conversation.