I called a sheriff who performed a service called a "citizen's stand down" because the dry wall guy threatened to take a sledge hammer to the walls he partially installed.

Private equity backed by a promissory note is considered a “bond” which is considered a "security outside of my broker/dealer's control” which is a big no-no if I am registered with them.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Most of these homes are very poor locations and very poor condition.You need to hire someone to go out, access the property (drill out locks, install new locks, and install lock box with keys,) clear the property (many of these properties have squatters living in them,) secure the property (lock windows, fix broken/unsecured points of entry,) evaluate the home, build a rehab budget, and send over pictures and/or video.There are several GC's and home inspectors who are offering these services for the MI/OP clients.

He clearly has trust that I can perform, we’ve done over $1.5m in deals together, he just ultimately doesn’t want the properties and loan “in his name” when all the dust settles.

Your money needs to be secured by a note against the property, that note had better be prepared by a lawyer in the state where the target property is and it had better be recorded.

Essentially you would not have any real involvement but full transparency can be provided so if someone could offer a guarantee on a secure turnkey rehab solution, would an investor be wise to take up this opportunity. 

I replied to him with details given below for that he was not replying so I sent him back the check and asked him to discuss and settle down my security deposit amount $1300.

I have a security deposit for 1 months rent, but they did not leave the home in great condition (minor damage to drywall, did not re-paint rooms they painted upon moving in, furniture left behind).I'm looking for recommendations on how to handle this situation.

A question is come up about the security deposits.