This lack of oversight allowed Schwartz to misappropriate nearly all the investor money, using it for personal expenses and risky stock trades​I am not familiar with Yield Street, but many of these platforms are questionable and you need to look into the operator.

Originally posted by @Lucas Carl:@Julie McCoy I’m glad this person is getting smoked.

Its the same process as if you were using a bank but the money is coming from another entity or person and not a bank.

I have almost 400 units and we average about 40% turnover per year.Based on personal experience and networking with thousands of investors and property managers for the last 15 years, tenants tend to stay longer when they are (a) way below market rates, or (b) poorly supervised.

I will note, personally, I am a passive investor, as well.I would generally agree with your assessment.  

Personally, I think this state maybe the best place to get started because houses are so cheap here.

Personally, I love gas stoves.

Are you attending any networking events in person?

I excel in identifying landlords open to this approach, paving the way for your business to soar to new heights.Additionally, I am available to support you as a personal assistant, ensuring your requirements are promptly and effectively addressed.

If they personally don't have any larger MFR experience, then I would suggest forming an LLC with someone who does who would be willing to jump on as a low-level equity/experience partner and that shouldn't be a problem.Good luck and let me know if I could help you put something together!