I find their fees reasonable, and in 3 years have never run into the kind of "horror story" scenarios that people complain about online.

I believe that's one reason why is because of the way contracts are mishandled.

You seem to spend a lot of your day here so it stands to reason this is a good lead source for your fundraising.

Interesting.....but I would run away from it like it is the plague for various reasons. 

We should definitely link up.I found the same thing to be true of AirBnB, we have operated in Chicago for almost 6 years and the laws have steadily made things more cumbersome to get a license and operate a short-term rental business.   

Yeah, that is actually true.

Would love to hear the different reasons people have for investing where they do and their experiences. 

Currently paying 8.21% (floating).Notes are great, being a hard money lender is great (we do both) but some cash that is reasonably safe and very liquid is always important for that great deal that comes up and needs funding yesterday.

All of these are reasonable things for a LL to cover.One way I help control repair requests is to include clear statements about what I am responsible for and what my tenant is responsible for. 

There's a reason someone's selling it right?