The Cosigner Agreement states they are financially responsible, all communication will take place through the actual occupants, I don't deal with helicopter parents, they are responsible for payment of rent as well as any cleaning/repairs after termination, etc.Don't forget it's not easy to sue a cosigner if they live in another county.  

It sounds like you'll have well over $100K into it, between down payment and closing costs - is that accurate?

Passive income is important but future value is as well and it seems to me that Red Lodge Mt is the winner that regard.

Also I have been trying to find new videos by Alan Kendall, he has disappeared as well as his website. 

Susan, hopefully by now you've locked up a property or two and things are going well!

A wave of MF completions is now swelling, with the industry on pace to deliver over 650,000 units nationwide over the next year.

That goes for any profession in any industry.

You can if you want, but if this loan is from a well known, licensed, reputable lender, then its similar to getting regular mortgage.

This can be noticed if the lender ever sells to another servicer as well . 

The gradual recovery of international travel and tourism could provide additional upside for the market, particularly for upper-tier properties.However, potential headwinds include:"- Flat population growth, which may limit organic demand increases- Economic uncertainties that could impact both business and leisure travelOverall, the Los Angeles hospitality market appears well-positioned for sustained performance improvement over the next several years, with upper-tier properties likely to see the strongest gains in ADR and RevPAR.Full Market Report: https://d2saw6je89goi1.cloudfront.net/uploads/digital_asset/...Contact me for a complimentary market valuation analysis report for your hospitality property today.