@Sarah Lacyhappy to dialogue on all of your questions but I cannot recommend strongly enough being willing to either:(1) invest closer to home - possibly a lower cost market in CA, or NV? 

Most scenarios do not end up looking like that.Find a lender that you really like and can honest and up front with, and have a good dialogue of your goals with the property besides hunting for the best rate, because that usually ends up poorly...

I would like to formally apologize to the group if any of the participants were offended based on the dialogue with regards to AleksVentures.

Great dialogue - we don't get too many lively discussions for the Huntsville area threads - ha ha.So I see a lot of posts in favor of Hazel Green - everyone has their own REI strategy, which is what makes REI a unique adventure for each of us.  

Do you see any changes I could make to my marketing or call dialogue?

I would suggest not relying on just emails & dialogue from online questioning and suggest reaching out to Norada and talking with one of their Investment Counselors to get all your questions answered.  

My goal of starting this forum is to start a dialogue about potential solutions to the seed capital problem.

He's incurring expenses on you, so charging him a penalty creates financial incentive for him to stay, when you both want to move on.Situations like these are when I have a sit down with my tenant and present them the two options: 1) Pay for whatever they're not paying for (bill back repair costs if you can prove they caused the damage, late rent, etc) and stop bothering me, or 2) leave.The dialogue starts like this "Clearly this isn't working for either of us, so you have two options.

That said, we encourage you to jump in and participate, and to engage in a dialogue with our members.

And I genuinely hope it does not for you.What I do hope that's accomplished from this dialogue is that nobody walks away from this thinking your strategy is good/smart/feasible.