Your LP’s will need to be informed they are behind a hard money lender, what those terms are and the risk involved with being behind that hard money lenderDepending on the lender they could require you or one of the LP’s to also personally guarantee the loan.In most states if you have more than one LP then you would need to register the offering with the sec (most likely as an exemption) but docs and setup would probably be $10k.Can it be done yes, is it typically done for a deal under $1-$5M, typically no

Example using fictional figures:We buy a 10 acre lot, taxes are $1,000We subdivide it into 10 x 1 acre lotsNo properties are built at this stage, just landDoes the tax remain at $1,000???

I go and stay at my STR a few times a year to check in on the property and make updates or repairs where it is needed.

The initial goal is immediate cashflow that will quickly increase as we fix-up and/or lease up the properties.

Personally, I've been in this niche since 2007.

I'm currently under contract for a rental property in another state.

Hi Andrina, I personally love Columbus Ohio and as someone who works with a lot of out of state investors - there's so many catalysts for why you should invest here.

Its specific to the property and neighborhood.

I'm a Radiographer In military manufacturing and put together a budget so within a couple of years I want to take the jump into owning a property and renting it out.

There are times when you don't want to own the property yourself.