I sent them a certified letter that basically was the pay or quit form.

Need advice from investors who have done 6 months buyout of loan partnersScenarioInvest 50 k, loan partner invests 50 k , buy using DSCR in a LLC for STRAgreement using attorney is, pay 60 k to loan partner after 6 months and then LLC has only one member which is me and I control that propertyAnyone done this or a  variance of this?

Contractor is not paying enough time on our JV project, working on many other projects?

This combined with 1031 means I can sell and never pay the gains deferred in the 1031.- you or your spouse can qualify as RE professional and the limits the OP discussed do not apply- you can use the “STR loophole” (terrible name) to not have the limits the OP Discussed apply  - a derivative of the STR loophole that for lack of better name I will call the MTR loophole will let you provide amenities to not have the limit the OP discussed apply.I suspect there are many more.  

As a Spark investor, you are effectively paying double fees (Rise48's and Spark's) and then the cash flow coming from Rise48 is stripping 30% off for their carry, and of the remaining, Spark is stripping another 20% for their carry.  

I am house hacking paying about 500 to cover mortgage.  

That is not to say that they will not pay a claim or will be dishonest.

Pay attention to sales price and local sales stay away from new construction or anything recently remodeled.

Just be ready for the lender to order a foundation inspection report and appraisal - both you pay out of pocket. 

I don't know the detail as far as the tenant paying rent or not, if there's a lease contract etc.What questions should be asked before buying this investment opportunity?