And if your father has indeed piled millions upon millions, why then do you feel the need to exceed that?

Thanks for reading but mostly THANK YOU SO MUCH for all the help these past few months answering newbie questions of mine that I am sure the community answers a millions times over but it truly has brought me to where I am today.  

There's a million ways to skin this cat.  

I want to take my friend's friend's parents and him out to lunch. and ask them a million questions.

I manage a fund that raised a few million to go after MFH.  

The offerings that I've seen range from people renting a room in their house, or guest cottage, to condos, and luxury beach side homes, with rents from what a hotel would charge for a room, on up to rates for a suite in a luxury 5 star hotel, or private villa.Condos can be bought probably from $500k on up, houses maybe $600,000 and up... up.. up, to multi million dollar properties. 

Assuming you have some level of trust in what your network is saying, LISTEN to them and don't be over eager.There is the old joke about how to make million dollars in real estate...

Sometimes i'll sell my note because there are things that I know about the asset or the loan that cause me concern like, there is a toxic DDT landfill on the property or, the 4,000 square foot addition to the property wasn't permitted or, there is no certificate of occupancy or, there was a meth lab in the home or, there is a HUGE senior lien in front of me or, there is so much deferred maintenance that I couldn't ever expect to get my money back or, the well is dry and the cost of $20,000 to drill a new well is prohibitive or, there is an incurable defect, or there are huge property taxes or any number of a million other reasons why I'm willing to sell my note and get out of it by passing the nightmare on to another investor.Moral of the story is, unless you are buying in bulk and have the relationships and track record to support it and unless you have the capital and time and stomach to roll with the punches, a single note purchase might be biting off more than you can chew.

To the untrained eye it literally looked like a million bucks.  

An ~30,000 SF building directly across the street from this one, which includes the hockey rink, a separate restaurant space, and retail space sold for $3 million just a couple years ago, which makes $2.5 million (or even $2 million) for this <6,000 SF older building seem high.