Are you a typical mortgage lender or private? 

Account Closed we do marketing management and analytics for large wholesalers - typically people spending $20k+ each month across a variety of channels (direct mail, PPC, SEO, cold calling, guerilla marketing like door knocking campaigns, bandit signs, door hangers, etc).  

HML is typically short term and that puts you in a position of having to find long term money to replace the HML. 

The payment you made to the program, which required half of the profits from the sale, is typically not considered a closing cost in the traditional sense.

If you start there, you can structure a win-win.If you are the money partner and the loan signer, that is valuable, but in this case perhaps not as valuable as the person finding/vetting the deal and running the operations....

The DST typically isn't as liquid as a TIC and its generally a hold till maturity kind of thing 7-10 years. 

Hi Roy,I am a property manager in New Brunswick and we manage and operate a number of properties all over the province if you ever want to chat let me know I would be happy to help in anyway I can. 

I knew who they were referring to and like you mention, things are apples and oranges as they also ran an operating business doing something else within the fund which probably was a cause for some of the losses and the assets they invested in were under $50k properties in high crime areas. 

Here are the main indices of Loan Underwriting (keeping it simply):As-Is ValueAfter Repair Value (ARV)Loan to As-Is Value (LTV)Loan to Cost to get to ARV (LTC)Types of Lenders: Conventional or Hard Money (there are others but let's keep it simple)Conventional Lenders will look at the AS-IS Value of the property and on Residential Properties will typically loan up to 80%LTV or up to 80% of the Purchase Price, whichever is lower.

The mini-splits may be nicer than window units but they’re going to operate the same as far as dumping the heating/cooling in to one room.