Say the partners took this $500k and each bought themselves a personal boat. 

The property has 2 electric meters and one water meter.

I just head up and tell the dock guys and I leave with 10 or so.Sometimes guests take them with them as they are pretty cool and I just have more sitting to put out.

You’re not using a PM, AND you’re assuming you can charge a service animal a deposit and pet rent?

If you foreclose and take it back then you can resell it later but if you are owed $25,000 and it sells at foreclosure sale for $40,000 you don't get paid $40k.

Why can't you contact them and ask these questions?

Hello Trying to get back on the real estate investing space and build new connections that can help me to speed up the process.

Great people, intuitive platform, get their K1s out on time and returns have met expectations...one of the reasons I am invested in two funds at this point as the first investment was really to test the waters and validate I was a good fit.  

With software, it's only as powerful as its user so some clients overcomplicate things and spend most of their time trying to "fix Quickbooks".The most successful and quick clients keep it simple or keep it to their comprehensive level. 

I was now without power, or water.