To not invest with people who aren't actual operators, who are in it for the long haul, managing the assets themselves, and very hands on. 

They will have requirements on how you can document the transfer of funds.

Can I assume reserve price will be the same 180k or do you think FM has a formula in place in which they are ok to let go at X% below their "purchase" price so as to not be left with the house on their hands ?

If you can get your hand on twice the note purchase price I'd think you'd be fine.

Although we absolutely must do our comps for ARV and handle the Subs with an iron hand and blah, blah, blah....but a lot of this game is pure dumb luck.

I do not have loads of cash at hand, I have a few connections which I could potentially pool some cash together with.

Building your CORE 4 wherever you decide to invest you will be in really good hands!

Would love to hear some first hand experiences with these options.

When I first dove into real estate about seven years ago, I was devouring the forums and reading every BiggerPockets book I could get my hands on.

When I first dove into real estate about seven years ago, I was devouring the forums and reading every BiggerPockets book I could get my hands on.