For me, investor profil has to fit the risk/reward ratios of the deal (Be clear with him, if this is a value add deal, stabilized asset etc...

I would imagine getting 10% on your money from cash flow and doubling your money within 5 yrs from a refi would be a great deal for being passive or do they stay in the deal reaping even more long term rewards.

That is ludicrous and unsafe.And the entire banking system and structure is continuing to reward risky behavior.

Is it a good idea to sign up for more credit cards and possibly earn about $200 in rewards?

  - Treat contractors, lenders, agents, title folks, etc with respect and reward good work with referrals and continued business. 

I think the delayed gratification route is pretty rewarding in that aspect.

I currently work as a rental agent so I get to work with property managers, tenants and owners on a daily business and I am learning everyday which is really rewarding. 

@Gary Thompson If father in law just wants a loan and interest, rather than being involved in the risk and the reward then he should just do the hard money interest rate.

Once you've got some experience and a team in place ready to handle whatever rehab nightmare you might encounter then you can consider the risk and reward of buying an auction property sight unseen.  

But I guess no risk, no reward, right?