One lender I had said they will send an inspector to confirm completed work, but never actually did.All of my lenders did require me to start with my own capital for the rehabs costs, and then reimbursed 80% of those costs, so I was effectively always 20% equity, if not more, in the deal.  

Just guess at $500 per year

Two are actually sec qualified offerings and also no replies from the secIt’s unfortunate that it appears there are a lot of bad actors who will get away with it.

I guess it's a matter of whether your goal is head knowledge or buying properties.

I actually like how my lawyer has things set up.

You can end this by showing them an actual utility bill.

But looking back, I actually had the time, it's up to me to find it. 

Are co-ops even technically an investment (considering you don’t own the actual space)? 

What do I need to do differently in regard to screening, writing up a lease, and actual management of this property? 

@Wes HagmanThere are a ton of STRs in Canyon Lake, so I'm guessing that ordinance was reversed or never put in action.