So there is no question in my mind all these folks that think Hey I will just help these people and let them invest with me while I do all the work.. etc.. run a huge risk.. and for what to buy some low value asset to make a few grand a year.. not sure like I said why anyone would do that.. but I suspect its taught at some of the note schools.. and we know gurus are not on the front lines of what is legal and not.other wise there would be no reason for the bigger established players to create 500 series funds.. no need at all they would just JV all the notes.. easy peasy... in CA you can fractionalize notes legally without securities but you need to be a CA broker or NMLS or have consumer finance license all these states have their thing.. that was part of my problem in Oregon..

I consume loads of information now: podcasts, books, blogs.

my only slight variation is we build new home communities and we are one of the few that will deal with VA loans.. my wife and I believe we owe it to our service men and women to allow them to use those loans even though they are more time consuming for us.. but on the new construction the inspections are no more daunting on older homes it can be a challenge.. 

Unfortunately, it's more expensive and time-consuming. 

I've been consuming a massive amount of content the past few weeks (1-2 BP podcasts a day, books, BP blogs & forums) and am close to executing on purchases.

I'm currently consuming all things REI - books, blogs, podcasts, etc. in hopes of gaining the knowledge to make an exciting and financially independent future for myself and my wife.

Also, if we buy new homes for the expansion and then sell them to consumers will this disqualify us?  

But alive and well many places such as banks, credit unions, etc and it does not benefit the consumer overall. 

If you end up going with a big bank that primarily tailors to conventional consumer loans... you'll get buried in bureaucracy and it will slow down your deal; but, to reiterate the key point - don't head into the relationship expecting the bank to act like something they're not. 

It was the wild west back then and I haven't seen consumer demand quite that crazy, but I have seen builders throwing houses everywhere they can like demand will never go down.