The company I used was 24/7 Service Pros.

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While HMLs advertise Points & Interest rates, you'll see there are MANY more Fees associated with this type of loan product, in addition to a lien being placed on your property and a short timeline typically to operate within before they foreclose if you're not able to exit/repay the loan.

Assuming current interest rates my debt service would be around $87k/year (30 year, 7%)  which I am comfortable with.

AlabamaEffective Property Tax Rate (2019): 0.37%4Typical Home Value (2022): $189,9766Annual Taxes on Home Priced at State Typical Value: $702.9The current metro area population of Montgomery in 2023 is 374,000, a 1.91% increase from 2022.

Call some PMs and ask about their services. 

PO box or your attorneys office is typically the protocol.

Hello Frank, In the DST space our typical client is an investor that has been a landlord for decades and they are tired of the tenants, trash and toilets.

My opinion is to not engage a GC, but rather work directly with any service providers that are needed for certain tasks.

So based on what you know, if a beginner were to snatch up several of these 10.5% TDs over time, and experienced typical losses for a beginner, what would their net be?