One of my best friends owns one the largest brokerages in Miami, she says do not touch it, its going to crash. 

I had a friend who used TrueDoor for a duplex in Costa Mesa, and they raved about the trasparent communicatoin and timely maintenance handling.

I would say our government’s a little more friendly and hands off but the Californians a certainly changing that. 

Finding the private money seemed to be the biggest challenge my friend has had while doing this. 

@Ben Trageser Stessa is an excellent platform for tracking investors' income and expenses; it is user-friendly.

The first few weeks were great, but at some point, you realize that all of your friends are working and you can only watch that much daytime TV.

This was a few years ago, but at that time as I recall they were looking to do more long-term property leases over owning properties and doing pretty landlord friendly leases where they would do repairs and even pay property taxes. 

We are living in the Golden era of wine right now - never before has there been so much good inexpensive wines - but like golf there's just not enough users to demand all the supply. 

I'm friends with one of your colleagues at CSSI Brenda Reding. 

@Yents Ybrimovic If the 203k loan only requires 3.5% down and you can finance all the repairs in the loan - then what exactly is your friend contributing?