You should by all means seek out and try more vendors of this type, but you should maybe also politely explain to the tenant that while you hear their feedback and are willing to make a good-faith effort to try new vendors, you can't be responsible for how other people behave, there are only so many great repair people out there, and you're also trying to make repairs in a timely and cost-effective manner.

Newark, New Jersey has become a popular location for investors seeking high returns in the Northern NJ Sub-Market of NYC.

After all, if the only thing that I have to assure repayment is to seek liquidation of the collateral, I'm going to be picky about what that is and where it's located.

Does anyone have advice on buying in a hot market?
Tucson and other areas of the country are very hot where multiple cash offers and selling prices are 98% of asking price. Do the rules of thumb still apply (70% rule...

Your $3m asset, "backed" by $2m property could suddenly diminish by $500,000 as investors seek higher yields at the same time as your debt payments rise.

Anyway, keep looking and please seek out other opinions from investors who have been successfull in selling notes.

This is a pretty big deal to bite off as a first investment and you should seek leagle advice locally.I assume this is a nothing down deal, if so, I think you're spinning your wheels.

It has been a long time since I last touched base with them, but they may be seeking investors.

I am also seeking mentors and coaching to help navigate my experience.

So, you have to find the seller that is related to what you seek.