Because renovations are a time consuming and frustrating processes - especially if you are hiring outside labor for the majority of your repairs.  

I am reasonably certain that's never going to be the case as the hole he has dug for himself will probably consume most if not all he has.

Limited Regulatory Oversight: Fintech companies that operate without a banking license may not be subject to the same regulatory scrutiny and consumer protection measures as traditional banks.

You can give a percentage of the membership to your friend if you planning to share the profit and your friend can be a member for ever.

This is first accomplished by changing your mindset from that of a consumer to that of an investor.

Finally, this can be time consuming but if you plan to keep working in this market with these types of properties, it may be worth it to reach out to people who have shown interest but didn’t follow through.

Although consumer recognition has historically been lacking, it is encouraging to see that they are finally making good progress in this area.Thanks for feedback Calvin, your points are valid.  

Nothing involved or time consuming..... just some communication.

Mortgage, utilities, maintenance, repairs, consumables, advertising, etc.

Editing is very time consuming at times.