I have seen a lot of fake lenders use NV LLC or have a vegas Po box.. that i understand but is there more to this in your mind ??

-Recurring and Seasonal Maintenance Tracker -Finding a Market-Analyzing a Market-Property Closing Checklist-Underwriting and Analysis Worksheet-Due Diligence Checklist -Buy Box Checklist There is no reason to recreate the wheel.

In my state the standard contract used by realtors addresses this issue by allowing the agent to check a box specifically to limit the seller to keeping the EMD as opposed to going after "liquidated damages" like that.

We have been quite successful hosting Murder Mystery Weekends as well.

Not to mention, they probably won't want to admit it if a building they manage is in really bad condition.If you're serious about buying you should first talk to fellow investors and define your buy box.

A lot of 'off-grid' places are not, which will lower their value and resale ability.Also, you are decreasing your potential market by choosing a venture like this..not everyone will find composting toilets as cool as you and I might.Having said that, I think it could be a great find, if it check all the the boxes.

I pinged Henry on the side to hopefully connect.Do you know of more properties that meet my buy box (1 hour outside of Dallas, cash flow year 1, <$500k)? 

It becomes risky if you buy an investment that won't pay you back in year one so having a strong buy box and knowing your numbers is key!

What is your REI buy box?

Kudos to you for doing something to create a secondary income stream. there are 5 income streams in RE rentals, possibly six if you do things a certain way.The reality here is your model (buy box) is suffering from too high an entry and too high a cost of capital.