And Stay consistent, wholesaling takes time, but the more deals you look at, the better you get.As a fellow wholesaler working to build strong relationships and find good deals, I can tell you that being honest, doing your research, and staying patient is the key.

The lessons you learned the hard way in 2008 will be invaluable now, and it’s great that you’re aiming to stay small-scale and within your comfort zone of Sacramento, which gives you an advantage of knowledge in that market.Given your experience, I'd say start by focusing on three key areas to build confidence and minimize risks:Budget Control: Over-renovating was one of the big mistakes you mentioned.

Please consider Syndirater.com as a source of reviewing and writing about Real Estate Syndications.

But I’d say the key to success is building a reliable team on the ground.

This app is supposed to make things easier but instead has been a source of annoyance and irritation since I started using it.

I could be totally off key here.

That is the key difference.

Who was their funding source?

I think the key is doing solid due diligence and making sure you're lending on projects with good margins and clear exit strategies.

All of the official documents I've found so far point to the national FHA requirements as their source.