So personable and he was transparent about every detail we spoke about. 

Furthermore, I have actively been researching and there is an ongoing housing shortage in the New Haven area, a consistent population growth, great property price to rent ratio, some new construction projects in the nearby area of the property and that it takes a certain type of person with great patience and “people” skills to succeed in these type of neighborhoods.

Often the money is the investor relations person who communicates with investors  On the Spark team I’m the deal finder and communicator.

I personally invest here for both the cash flow and appreciation.

If you want a "reasonably" fast way to straighten that out, you have to "connect" by clicking the name of the person you wish to speak to.

And it depends on the person, but yeah, most will be over 10% these days. 

Regarding taxes, I believe LLCs are pass-through entities, and you will just claim the income on your personal tax returns.

@Quiche LynnI think your confusing the term noteThe note is a promissory note - meaning the document that she signed stating she will pay this person this much money.What it sounds like is she wants to send a settlement offer to try and renegotiate the deal?

No "headaches" except for risk of near total loss of principle unless I put more money in...I'll take the risk of a project that I need to complete personally in exchange for a near-perfect risk/reward profile and complete understanding of the investment.

No personal income, tax returns or DTI to worry about.