We are either too busy or have no desire to perform the functions of the servicer.

Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.

DSTs suffer from 3 main problems:1) Low returns (aka 4-6% ish)2) High fees3) Poor / no liquidityThe combination of these factors makes DSTs pretty terrible investments right now.

My focus is on markets where our combined capital and experience can bring the best results.

Which often the time is a total combined project time encapsulating more than the specific task alone, but things such as roll-out, roll-up, any ancillary tasks, maybe getting materials, site travel etc etc... 

You are permitted up to 90% combined-LTV between lender- and seller-financing. 

Measuring if a property is a reasonable first, second or last investment is not a function of how much you have saved.

@Marcos Altamirano Toriz -  in todays corporate IT world,   the game is leveraging "out of the box"  application functionality by "configuration" versus "customization".   

@Stetson Miller I feel it's a bad combination of both a inflated appraisal at the top and maybe a low appraisal now. 

From there he basically went from one door to four in the space of a couple of years, mainly to due to a combination of house hacking, saving and home equity line of credits.