Engineering Report has declared the property re buildable Goal to to be all in under 80kBased on lose comps 120K today would be the resale value to hit as a 3/1.

The other half is related to personal experience with too much/not enough water, excessive heat or smoke from fires.Migration trends seem to be generational and move/change at a glacial pace.

Like you said, put the proper protections in place but know that you can still lose your money - unless you are in first position.

They have nothing to lose by you sending them a potential deal.Real Estate CrowdfundingOne of the biggest challenges to finding cash buyers, especially in hot markets, is that many individuals have limited capital.

You mention they are a good tenant and if that’s the case, then I wouldn’t want to lose them over this.

It is an str already so the points about excess wear and tear are irrelevant.

So I didn't end up losing any more money than what was owed but it added about 2x the amount of stress with false hope and promises that never ended up happening.

Do you really want a paltry 3% dividend while losing many of the tax advantages you have with actually owning the property yourself? 

There has to be an account in the middle for repairs, renovations, etc. and you want to know how that will be disbursed and if you need a workflow between you.If you decide to do it, just start small with an asset that is as close to can't lose as possible so you can fine-tune your collective process.

The property owner always loses while the arbiter has no skin in the game at all, just skimming profits off of the owner and can walk away any time they want without reprocussions.