Shellpoint is NOT the cream of the crop servicer you got sold because of the claim or some other thing you did that your original servicer saw was negative.

I didn’t want the delay headache of that title issue cropping up ...Moral of the story: Title issues have more than one way of being resolved.

Every now and again a situation has cropped up and then I will pick up a rent.

We saw people get foreclosed on and a bunch of REOs, but with this new crop of investors that purchased at historic lows there shouldn't be the issue with REOs/Short sales that we are seeing now.

You'll have minor items crop up that require you to deal with them on short notice.

With rare exception, only the cream of the crop is being funded once you get up into that arena.

That's actually a good thing, as the ones who do get past step one are probably the cream of the crop

Partner with those whose strengths offset your own areas of weakness and vice versa.You sound like a sharp guy so Im sure that once you think thru the possibilities and upside of partnering on some flips and holding the cream of the crop, lights will go off.

And during the marketing process I get a ton of interest which means I can pick the cream of the crop.* Rigorously screen prospective tenants.

That being said.I see this new crop of investors coming up.. younger kids still have all the issues you related .. but you also have some that have absolutely knocked it out of the park.. before they were 30.I have three of my clients that I fund that are either under 30 or just turned 30 and to me they have really done well.. well enough that an old dog like me would finance there operations...