I've been on here a few yrs here and there.

One more thing to clarify-- I was under the impression that so long as the fund holds onto a property for at least 10 yrs if they sell it after that they're not taxed on the  appreciation of that property.

First couple of yrs everything was good, but recently I think the overall rental market in MS has been challenging and effected many out of state investors, lot of challenges with squatters and PMs are unable to keep up and asking investors to find another PM.

Quote from @Joseph Agins: I previously loaned my LLC $150K to purchase a rental property (SFH) and I'd now like to set up an interest only loan, let's say for 5 yrs, until the LLC can refinance the property through a bank and ultimately pay myself back the $150K.

. - Expense ItemScheduleCost per EventTotal 30‑Yr CostRoof ReplacementYear 30~$11,00011,000HVAC Unit ReplacementYear 15~$7,5007,500Water Heater Replacements (2 cycles)Years 10 & 20~$2,000 ×24,000Flooring/Interior Cycle (2×)Years 15 & 30~$3,000 ×26,000Major Systems UpdateYear 20~$5,0005,000Routine Annual Repairs & MaintenanceEvery Year (30 yrs)~$2,500 × 3075,000Total Over 30 Years$108,500Property taxes would be $490Insurance would be $2,100Property management would be 10% of rent which is conservatively estimated at $1,900 post-rehab, so $190 per month and $2,280 annualizedI'd likely pay around $25 a month for garbage, so $300 annualized I assumed a new tenant every 3 years since it will likely be a family rental, so I estimated $63 a month leasing fee budget. 

@Jim Bruxvoort I'm in a similar situation though retirement is at least 10 yrs away for me.

Quote from @Ashley Price: If you have your scores all in at least 700 I can fund you we have 290+ lenders and capital partners and we have rates as low as 5% and terms 3,5,7 yrs and no prepayment penalty.Hey Ashley!

After almost 10 yrs of doing this we only had one time where a guest couldn't get in and it was our fault. 

Took about 15 yrs scaling this up while working FT j.o.b..

And for older properties (10-15 yrs) do I need the top tier?