These are very important distinctions and you need to be clear on them.

(I don't know the Houston Area, but here in the Detroit Area, that is definitely an important distinction.)

Many of the initial underwriting rules go out the window after a loan is seasoned, kept on the books by the lender, and they will take on a different flavor to be sold in the secondary market or to affiliate lenders, but there are generally accepted requirements.

Or is this just another "Guru" trying to sell his own flavor of snake oil?

In Wisconsin, by state law, the trust account was interest bearing account, and the interest was paid by the bank to the state, and that money went to support varous low income housing initiatives.I'm sure there are many flavors of trust accounts found throughout the country.

I should clarify, it's not that I don't necessarily think it's worth it - but once any product (software or otherwise) gets into the $1000 + initial cost, I get the distinct impression that they are actually taking advantage of users instead of trying to sell a product they will find useful.

I have also had the distinct honor of meeting Josh and his family here in Denver.

I was fortunate to have found a person who is an active investor (Buy and Hold) with years of experience who was willing to take me under his wing.I would not compare the two like someone else mentioned, they are two distinctly different types of investment vehicles.

When you go to make the loan, you should inform the lender that the mailing addresses for the two units are A and B, so that they become aware that there are distinct mailing addresses.

Is there some sort of distinction that I am missing that separates us as investors from a dealer?