The collateral is so so and some have preferences such as certain asset classes they will invest in, but generally speaking, you can obtain an equity deal with very little skin in the game. 

I would generally rent to them even if they are a little bit short on rent to income. 

Buying a property under general partnership with 2 other friends.

Generally, #brokersarebest but there are outliers to that statement. 

Also, the ability to find good deals with an accurate budget to complete the project up front from some good project managers/general contractors.

I generally try not to sell my properties unless I have to sell in order to have enough proceeds to purchase a bigger and better property (and usually more units).

It is a paid service to be a part of, but generally if they are in the BP community, they likely understand investing more than the average agent out there.

Structuring the Deal: For this large of a deal and any deal in general, transparency is key.

Yes, the more units you go up, generally the less players in the game so there is some advantage in purchase competition as you go up, but also more management scale and cap ex for someone who is new.3.

I think that (generally) vacation rentals will always have a place.