I quit attending primarily because they were just a platform for gurus to come, speak and sell product.

I'm assuming they had at LEAST 3 months to find suitable housing and maybe another month from the time the approval was issued.

My goal is to provide a suitable place that meets their needs, and yet I can still bring in a little change but build wealth through equity as I know that would pay off more in the long run or for trading up.

This site will act as a great platform to jump start your career.

If people thinking about investing read anything please read the above statement.This is the number one mistake made in real estate.Please find yourself a competent commercial or residential broker who knows investing or another investor who is seasoned.If you are going to put down your hard earned cash to do an investment you need to buy it the right way.Not buying it the right way makes you tread water to lose money and also takes away lost positive cash flow that you could have used to grow into more properties.Ken you can try to get damages against the tenant if you want.Even if you get a judgement good luck on collecting it.It will be a waste of your time.The existing tenants saying they will be out by a certain date I put no faith in that whatsoever.They haven't even kept the place up.You need to file eviction period.This keeps them honest by saying they will move out by a certain date with the eviction looming they have to make good on their promise.Otherwise they simply make up a story when the date comes about (they haven't found anything suitable,they lost some income and no cannot move,they got sick,and on and on and on.)Ken simply go to the court and get educated.I have seen attorneys in court lose and I represented myself just fine and the tenant was out.Just look up landlord tenant law code for your state to start learning.Hope it helps.

It might be hard money lenders but the terms suck, not suitable for buy and hold unless you can refi with a bank quickly.

However, as you develop more relationships, you can bypass the platforms and work directly with the RE sponsors.  

They work on a 2% management and 20% of the profits platform so they don't take risk.  

Keep in mind that the following is related to deals that are interest bearing (debt) and not equity investments.We strongly urge all prospective purchasers of the Notes to consult their tax advisors and/or attorneys regarding the U.S. federal, state, local and non-U.S. tax consequences of the purchase and ownership of the Notes, including any possible differing treatments of the Notes based on that purchaser's particular circumstance.The payouts of interest may vary based on deal and the platform that you use.

Since you tell us nothing, as to the facts, don't know if this is vacant parcel with a graded pad in the suburbs, a pad suitable for parking heavy equipment in a rural desert area or an unbuildable scrapper lot in a mountain community.