We conduct a thorough due diligence on each Property we consider listing on the Site and if we discover anything during the diligence process that causes us to believe an investment in the Property would not be prudent, we will not list it on our Site. While we try to eliminate any potential problems during our diligence process, there could be cases where we discover an error in the information provided to us by a Seller or a problem arises during the pre-closing process (such as a problem with the title) in which case we would not close on the Property.
Often, we will also gauge interest with our investors before listing a Property. Typically, if a property has passed due diligence and fits our parameters, we would expect to list the offering for 30-90 days on the site. If the offering does not become fully subscribed, we will remove it from the site and will not close on the purchase of the Property.