It is designed for a novice who cannot do the rehab work themselves and so requires a licensed GC involved.

I stayed involved in the deal the entire time and made sure I contributed to show my value and desire to learn the industry.

My memory is that a court was not involved. 

We are reaching out to the old original owner with the criminal history (involving ordering a hit on his partner which occurred unsuccessfully, an IRS agent and the mail man).

@Aaron SignerNope not with an hoa involved .

Sounds like you’ve done bet well on the first ones which isn’t always the case.

I’m betting on the speculation that in 5-8 years property values will have doubled.

I’m betting on the speculation that in 5-8 years property values will have doubled.

You definitely have options with 20k to invest in the city, you're best bet is speak to with a few mortgage brokers first to get pre approved.

He acknowledged they are pretty high as a rule so if my stuff is running very well currently without excessive personal involvement on my part, I might hold off to avoid those costs and reevaluate the DST again at a later date.