Could purchase a new vehicle (Cybertruck?)

V.?

A direct participation program (DPP) serves as an investment vehicle that empowers individual investors to actively participate in specific business ventures or projects, typically organized as partnerships or limited liability companies (LLCs).At our ranch, our aim through the DPP is to create an opportunity for investors to co-own the ranch and partake in its myriad benefits firsthand.

This is unfortunately a common issue for many investors, and it's precisely why I decided to establish my vacation home management company.

In my mind, leverage is the most important thing that makes it worthwhile as an investment vehicle.

if you are paying all cash and want to know the cash on cash return for a rental, the formula is return = monthly rent ÷ total cash investment × 12example, you buy a house for 100k and rent it out for 1000/mo1000 ÷ 100,000 = .01.01 × 12 = 12% CoC returnif you include property taxes, management fees and other expenses into the equation you will get a more precise answer

In the meantime, you have equitable ownership and total responsibility for the maintenance, insurance, taxes, etc. of that vehicle.

We did a lot of work to the property and then we staged it and purchased a couple of vehicles to go with it.  

That’s precisely what we are looking to do.

Local REIA/real estate investor meetups, where you can network with other investors and potentially some HML reps.Regarding 85-90% LTV, you may consider reducing your expectations.Many HMLs max out LTV (more precisely LTARV, or loan-to-after-repair value) at 65-75% LTV.LTC (loan-to-cost) can often approach 85-90%, but that is a function of your purchase price + renovation cost, not the after-repair value of the property.