That while all cars are different, the parts and how they function are similar.

As long as they are properly filled out, make the proper claims and are signed and notarized they are no different than having the original note.In this case, the LNA is more of an instrument of ownership than the governance of the debt.  

If they do not set the proper expectations on the front end, the investor will not be prepared for lean years when those properties return a fraction of what was expected.  

No....I think the bulk of the funding platforms lack the expertise to underwrite projects properly.  

Every investor, properly concerned with very specific and measurable outcomes, takes on some amount of effort to reach those outcomes.If that effort includes reading prospectuses in order to pick stocks, so be it.

They had paid the proper sales tax and had no idea they had to pay income tax as well.The short answer to your question, @Coleen Mathis, is that California has no idea what your profit is, but isn't willing to take a chance that you'll intentionally or unintentionally forget to file a California non resident return (like the clients I mentioned above).  

I am definitely thinking more about the appreciation for this properly vs the cash flow (for now). 

Or is just proper sealing and paint?  

In addition to that, lienholders that are not properly noticed in the foreclosure proceedings still hold their lien position.

Your expenses seem mostly reasonable, but I would suggest that vacancy is more a function of the landlord than the location.