I lose control of the investment and these are long term, illiquid investments - but they put significant and regular cash in my bank account and a much higher rate than when I was trying to be actively passive. 

Informational control is not only about audits.

It enables you to take advantage of a smaller, if any, down payment while owning/controlling a piece of real estate.

This scenario might appeal to builders who prefer a guaranteed fee over the uncertainty of profit-sharing, and it gives you more control over the sales process.

The problem is government thinks they are better than free market controls.

What you're really doing is qualifying them and potentially their network.The Investor CallWhen holding an investor call, it's essential to follow these key steps:-Take control of the conversation, ensuring you guide the discussion and its flow.

Get a lockable controller and set it and lock it, so tenants don't turn it off. 

Good wholesalers control the deal up until it closes to keep everything as smooth as possible.

Even though it’s rent controlled, we don’t feel the level of tenant entitlement is as high as A or B areas.

No control over management.