Credit scoring is an ever evolving industry both for consumer and business credit and it has been since the early 1940's.

This is true for certain retail but not all.Retail is actually picking up speed.The issue isn't the stores are not doing sales.The issue is they built a really big footprint and then things went online not requiring the same space anywhere.Retail development has downsized more now for many aspects.Brick and mortar is not going away but evolving.

The problem comes when most flippers refuse to evolve with the times.

I listened to them from newest to oldest, so it was kind of fun hearing the early episodes after hearing how things have evolved.

Phases 2 is fix & flip, and Phase 3 is buy & hold, focused primarily on some niche rental markets around major colleges and evolving into multi-family. 

But it basically followed the itemized Schedule E for rental expenses & the Sched C for the business aspects.However it was functional & kept everything in 'order'.But as we evolved we had a lot of notes etc out there so I had to make adjustments to the format.

I guess I need to have an end goal in mind, albeit one that can evolve. 

I agree that there is an entirely new regulatory landscape but it is evolving and there is room to maneuver within it.

How have they evolved? 

My friend loosely agreed that we could partner on something if it looks good and, being about 15-20 my senior, I think we've *very* loosely evolved into somewhat of a mentor-protege relationship.So I naively took the initiative and had a broker friend send me some MLS listings in a price range I thought would be good to start and put them all into a spreadsheet.