That appreciation is great, it sounds like that investment is performing very well right now and will likely continue to do so.Some things I don't see listed in your example are vacancy and capex for the big expenditures.

In-person local meetups are the best and they for sure have some near you.

He has even come to my personal house to pick up money and some things I ordered from Amazon to be installed in the property, and fronted some of his own money to keep things moving while I wait for the draw from my lender to clear.

I personally review the lease section by section before they sign it.

Of course any incoming project of this magnitude will generate a vast amount of speculation, but personally I do agree with the popular opinion on the positive impact it will have.

Neither of these report to our personal credit. 

I only invest in performing notes with a minimum of 70% LTV or lower preferably in case things go south…non-performing notes may be more lucrative but for me I like boring right now.  

It was a very interesting perspective and he is very highly regarded as well.I tend to personally feel the next 2 years are going to be mostly a lot of the same as now, operating properties to maintain rather than growing a ton.

While I’m not personally the pot police if there were actual police reports regarding this or if I saw proof of it at the property I would immediately begin terminating the lease.

The number of bedrooms for STR has to match the number of bedrooms cited in the septic permit, so you are seeing homes with 7 BR now have a 10 person STR occupancy limit and some homes that had bedrooms added without permits now being restricted.