Personally no, but it's just something I don't like to deal with. 

If so, that is the easiest-just say you had a number of applicants and you've rented it to another person. 

I would stay personally liable for the mortgage. 

Should still have about $175k in capital on hand after adding what we will personally save from our budget during this time frame also. 

I do not have any LLC, was thinking to close in my personal name.

But would love to chat and connect and build a team of amazing people who are dedicated to growing not only professionally but personally as well. 

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

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.

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.

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.