Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

That lasted a few months, but the REC recently released a new bulletin clarifying the legislation and basically saying that bill was meant to stop all forms of "wholesaling" as a business practice. 

I personally dont do any of that.. every market / or most will have an active fix and flip sector or buy and hold sector the important thing to me is the operator full stop.. great operator will do well in any market and all the national data simply is noise at least at my level. ( loaning our own money and JV deals with our own money)  we dont broker or anything like that.

Choosing a location near LA, accessible by a short flight or drive, will make it easier to check on your projects.

Can you guys just stop?

The decision depends on your access to capital and the level of risk you're comfortable with.If you need support or financing for your future projects, I'm here to help.Best,Drago.

On the other hand if they are a sponsor that is experienced in stopping a skin in the game, that's a huge red flag for me.c) how open to scrutiny are they?

You can actually to to the NMLS's consumer access page to look up a lender to check licensing.

Cooper etc. stop selling our loans or switching our servicing companies.  

GREAT ideas for stopping by their place!