Thanks Adam .This is great .Will do what both you and John suggested .I am hoping the bank uses a third party appraiser.I assume there would be laws against them using an “in house “ appraiser..I just know they’re not going to want to gibe up getting that $250 a month from us ( PMI).Much appreciated -Christian 

This is little area on right size of Edenvale and 101.

This does not mean your investment is insured.We often hear comments like, "We invested with XYZ because their fund / syndication is FDIC insured," (nope no its not...).To avoid these kinds of mistakes, I strongly recommend you always have an attorney review the Private Placement Memorandum (PPM) with you.

THANK YOU for this!!!   

What you are asking is how can I get around not doing correct due diligence on the property and the answer is you can't and should not because that isn't fair to the rest of the development who bought there understanding the rules.

This could be a share of the profits or equity, typically in the 20-30% range, depending on the complexity and the workload.

This also leads owners to ASSUME simpler is better when it comes to management contracts.

You should put this in the classifieds section. 

Or also telling me hey even though you like it this is not a good deal, or location, or whatever. 2w ago I messaged to see a property but they were out of town for two days and then I was. 10d ago I asked about seeing another property which wasn't available to look at until this week.

I can't seem to find much info online about this and I've had trouble finding contractors willing to take this on