Here is a presentation I made describing the benefit of doing such vs a regular investment.

I would shoot him regular updates to keep him in the loop.

First off I took the realtors suggestion and listed with the property management company he promoted to me.

I believe coaching does work, but I also believe that 90% of the coaches are better at marketing / self promotion than they are at doing deals. 

Reason being is that it allows you to invest in other products other than they offer, so that's why they don't promote these . 

Then you can avoid the self promotion issue. 

Are there many REITs that currently regularly engage in this type of feeder based structuring for a investors?

They are releasing permits now on a regular basis and things are able to move forward like they should.  

This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.

Do you have a 501c3 that you operate under (and rent the house from yourself), or do you purchase homes with an LLC or personal name, and run as a regular business?