And for them rasing capital on SM BP facebook whatever has been fairly easy compared to others who dont have a big SM or BP presence. 

This is just bad banking practice and FTC should be aware of digital platforms like Baselane in many ways abusing their powers and washing their hands off. 

I'd personally avoid the hassle if I wasn't at least hitting double digits on expected IRR (and as I've said, I'd rather be in the double digits with CoC and even higher IRR).Everyone has different thresholds for risk, expected returns, etc and should only do what they feel is "best".

Welcome to BP - great contingent of people in the Dallas area both here digitally and in the in-person meetup community!

A lot of our customers use Digital Trust for self-directed IRA  

Just make it digital so you can update it constantly.

If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Keeping a 2.99% rate sounds great, but it may be costing you thousands of dollars if you are in the double digits with your other outstanding debts.

I too at first thought it odd, that they didn't have a big internet presence, though they've been around over 6 years.

If this is your first venture, your presence at the property will be very important, there is a learning curve, factor in your travel time and other commitments.