Here is a statistic to bear in mind: 95% of wholesalers fail.

Some people are bull on bitcoin, others are bear on bitcoin. 

Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.

@Will Zena  the big question I guess will be are there any deposits to get.. most of the PM's I have seen flame out did so for commingling IE security deposits rent goes missing.

So, for instance the court can decide that the note holder of the matured note will receive a new note in exchange for his interest - with the new note amortized over 20 years and bearing a 6% interest rate.  

Investors bear responsibility for doing their due diligence on any investment they make - or being willing to suffer the consequences IF the sponsor/syndicator did the following and possessed the following 1.

Hello there, I believe is my first post so bear with me.

I still think it can pay off nicely for people who are willing to bear some risks and put in sweat equity, and if I were to do this full time, I'm confident I can make it work.  

Fair point, I really don't want to bear the burden honestly.

I've always wanted a place in Big Bear.