The typical project sells out in 30-45 days, though one of them took longer.All of our projects have a detailed Purchase and Sale Agreement (PSA) that buyers sign with details on terms and construction timelines.

Up front fees (outside of appraisal fees) are typically a red flag when dealing with a HML.

Helps with your debt to income, better opportunities at cash flow, and typically requires less down to purchase.In regards to challenges, I usually build in an extra 10-15% to deal with things that I can't see behind the walls, including dry rot, electrical or plumbing issues, etc.

What’s one feature or amenity that gets the most guest compliments?

Its pros include streamlined property tracking, access to owner data, automated direct mail campaigns, and team collaboration features.

Quote from @James Wise: @Moderators what's this new Cross Sell feature?

There's also free services for tenants to pay their rent online which include some light accounting features.

Typically, we see anywhere from $600 to over $1000 per unit (maintenance and turn costs)  depending on these factors. 

The way to get access is typically reaching out to the sponsor and getting the PPM and the documents you need to do a thorough review.

The cons as i see it include loosing the 2 of 5 year cap gain exception, typically not an ideal rental because the emphasis at purchase was buying a good home for your family and not a rental with optimal return (my ex-home consistently has the lowest cash flow for equity in my RE portfolio), not disconnected enough from the property causes addition angst on damage and may result in over improvement.