Sure, who wouldn't want 1500 extra bones laying around, but there's quite a bit of risk with a beach side duplex sitting right by the ocean.

Everyone has different risk tolerance when investing but given that you are taking equity out of your primary residence extra caution is warranted.Hard money lenders are also an option but in that case the deal would need to be good enough to warrant the very high cost of capital.Best of luck.

So I guess I will wait to use the fund after the full distribution has been carried out.  

I’m looking for risk and reward, but I’m looking for smart risk.

Here is the flooring we went with: Pergo San MarcoThe texture and coloring is forgiving and the durability for water allowed us to carry the flooring into the bathroom, which saved us on cost of tiling!

All in all I just don't appreciate how this was managed from beginning to end and I wouldn't recommend risking it unless he lengthens the guarantee, shortens the training/setup time, and gets an actual support staff......that is customer oriented!

@Lane Cooper - In terms of relatively low risk vs. high reward, I have yet to find a single better investment than doing a house hack. 

If you can buy it for 10-20% if it’s value and have a high tolerance for risk, go for it.  

Of course, you better be sure that you're getting that mortgage otherwise you are at risk to lose your deposit if financing falls through. 

@Melissa Mendoza, it depends on the level of risk you want to take as an investor.