Flipping is probably a little more intense, but can still be done with a day job, but again, my average flip versus my average rental: flip has made much better returns.And as for generational wealth and handing down something to your kids... well, I guess I view it as: if I can hand my kids a $10mm trust fund held in public securities, or $10mm real estate portfolio, they are going to be pretty set either way, but a real estate portfolio will continually have costs and work, a brokerage account is a bit more set and forget, with some periodic rebalancing.

Granted, we didn't lose money, but out last flip was bought slightly out of "we have money sitting in a money market, it has been a year since we sold our last flip, and we need to be making some money".  

What’s the best way to secure a deal, and not encounter with another wholesaler going after the same property.

If prospects upload ID, pass a quick background check, and maybe upload a pre-approval letter, I think that answers both the security and tire-kicker concerns. 

Be aware of state usury laws and consider collateralizing the loan for security.

You mentioned that you're not interested in grants or fundraising, I'm curious what type of operating budget and actual program you have in mind.

There is a lot of misconceptions still, about what it is, how it is mined and how it could penetrate daily lives even more than the internet did and does. 100k is the low end...Mcafee ( the security software guy) is a coin miner and says that he bets bitcoin hits 1 million by 2020 or he will eat his own private parts.

I had applied for the CALHFA ADU grant and clarified options in the beginning.

Additionally, are you recommending that we should prioritize taking action and securing properties that align with our long-term investment strategy?

Did you receive security deposits with interest and pro rata rent for the month at settlement?