Still others (property owners) think that renters don’t have a god given right to live in a certain community in perpetuity if they can’t afford the new market rents.

Over the last few years, my portfolio has grown to 21 properties that I plan to hold in perpetuity. 

Republicans and Democrats are good examples of grouping together common beliefs.I get that you would like to be looked at differently and not stereotyped into a group.

One of the top LOs in my market isn't on any charts or anything, b/c her assistant's assistant is the loan originator of record on all the paperwork (but no Realtor or consumer ever notices that).... hate to stereotype, but typically men are damned sure to make sure it's their name on everything. 

There seems to be a perpetual debate on BP for California investors of OOS vs. in state (Appreciation v cash flow). 

Our goal is to provide investors with a rate of return on their money while it's being worked, return the capital back to the investors upon a cash-out refinance at 80/20 LTV ratio (or as soon as we get to the 80/20 LTV) and also provide them with a small equity piece in each project in perpetuity.

@Nat Chan Regardless if the stereotypes of Memphis, I think it’s a great area to invest in.

I dont think you want to be in perpetuity in Q4 

The simple business model where an owner lives in a big house, extracts value from their employees/1099s, practices multi generational nepotism, and encourages unethical business practices by bidding 30x projects at 400% margin to get that one project from poor ol Betty Sue - this is what needs to change to get more ethical and capable entrants into the trades.Anecdotally I haven't really noticed reduced supply in my market, but we've developed some helpful relationships over time with our go-to plumber, among others.I think your paragraphs above speaking to what “contractors” and “working for contractors” are like is a strong stereotype that really does ring true.

The first is, from that book, that gifts or economic support seems to do the exact opposite of its intended purpose - they do not improve the economic situation overall of the child, and perpetuate the dependency relationship/expectation.