One last question - is your assistant actually hand writing the envelop?

I'm actually pretty familiar with this area, I lived in Sterling Heights for about two years.

Let’s say my ARV = $900kDo you recommend doing my loans based on actual cost (700k)?

Lately i've been reading: The Book on Rental Property Investing by Brandon Turner, which is actually how I found out about BIgger Pockets.

Currently, a hurdle that I am looking to get over is securing lending that will also have renovation costs built into the actual loan amount.

Thank you for taking the time to do a deep dive. 2% home appreciation was also a fairly low estimate, it looks like in that area it is actually around 5-6%.

However you are under the assumption they are actually going to pay.

You’d be shocked by how little actual screening many PMC’s do!

The non-recourse lender was actually the original seller who was financing - GEG was the middleman making a HUGE markup.

Talk to house hackers because that would be a great way to start, but you are also advanced with money so you may find smarter options that act more like index funds (syndications).Yes I was actually looking at syndications that was going to be my next research topic that seems extremely interesting and powerful syndication seems like an awesome way to diversify without getting my hands dirty necessarily.