When the “guru” fails to disclose past bankruptcy’s, lawsuits, AG actions, and cease and desist orders filed against him or his companies 5.

I am looking into purchasing a plot of land somewhere around my state of Illinois to give myself leverage and motivation to develop it.

Call up all the title companies in the area and see what they have to say.

For those with an existing property portfolio, leveraging existing assets or equity can be a worthwhile consideration. 

@Ivan A.Hey can you recommend the dcsr company you used thanks

Backup plan is to maybe call a couple of the cost seg companies here and ask one of their analyst.

There may be a management company but no HOA.

Your concerns are well founded.Ask them for their lending license number and some references and which escrow and title company they use.

Also check out Paige Hays Company that teaches and helps other woman start their STR design company.

@Johnery LaurimoreRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder, etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.