That is not to say that they will not pay a claim or will be dishonest.

I don't know the detail as far as the tenant paying rent or not, if there's a lease contract etc.What questions should be asked before buying this investment opportunity?

Know your comps really well to make sure you are not over paying.

When you build from the ground up in todays market you are paying top dollar for materials, builder costs, land lots, rates, etc.Log cabins can be tough because most appraisers will only use other log cabins on an appraisal to support value.

Right now the Fed says, "We'll pay you 5% to just let your money sit in the bank."  

As a Spark investor, you are effectively paying double fees (Rise48's and Spark's) and then the cash flow coming from Rise48 is stripping 30% off for their carry, and of the remaining, Spark is stripping another 20% for their carry.  

Not enough info here to tell.....Do you plan to finance this or pay cash? 

He paid a month, skipped payment a month, paid for a month and a half (one month being the unpaid month), negotiated payment for upcoming months, lied about what he said he'd do, made a partial payment, promised to pay unpaid rent, then ultimately skipped out without paying for multiple months of rent.

., where prices are much lower but still well above Toledo.The significant boost in pay won by United Auto Workers members at Stellantis and General Motors in Toledo and rippling out into the auto-manufacturing supply chain boosts buying power in the local economy and is surely behind the economic projections of real estate sales growth exceeding all but one of the top 10 markets.

Weather, startup %, cost inflation fluctuations, you paying $20 like California to get help- have you done a wage study for the market,  etc.