When it comes time to actually invest, you will typically be required to show some sort of verification - either a signed financial statement if you meet the requirement on net worth, or income tax returns if you meet the requirement on income.  

In my market, agents/investors/wholesalers pitching creative financing get this objection as well.They typically have a 2nd offer (usually much lower purchase price) for the owner to be able to accept now and cash out. 

I don't know anything about this fund, but typically a fund would not be a suitable investment for a beginner.  

Hello BP,Someone I know recently inherited two homes through an estate inheritance.

My yearly increase is typically in the 1-3% range maybe up to 5% max.

I need it just often enough to send or receive items from vendors or local govt's to want the convenience of using it from my home, hotel room, or office.  

Also will be adding tiny home cabins to property to make for cash flowing retreat/STR.

@David Trujillo your father, like all Americans, has the ability to avoid up to $250K in capital gains taxes on the sale of his home using the 121 exclusion. 

As a second home, we have zero complaints in owning these properties. 

Investment Info:

Single-family residence fix & flip investment.

Purchase price: $260,000

Cash invested: $80,000

Sale price: $380,000

Purchased this house from the family of elderly lady that ...