I'm waiting for the day he reviews us, as I'm sure that something in what we say will rub him the wrong way (he's a staunch 20% down guy and I definitley enjoy the concept of leverage).

The concept is to not glean the field and leave enough of the crop so as to make it attractive to passerbys.

There is a name for that concept: Limited Partnership.The limited partners just put up money.

Rental Income from a Condotel Unit is normally 30-40% higher that a regular rental because the Hotel concept offers the option of daily, weekly, monthly leases which ordinary private condo unit owners would not normally entertain.Unit owners in a "Condotel" may opt to join the rental pool where he signs with a professional hotel management team who will convert the project into a world class hotel / serviced apartment.

Let me ask you, how does one go about orchestrating that same concept here in Houston, Texas?

I understand the buy/rehab/resell plans and I understnd the short sale concepts and dont have any real idea about sub 2's.

I have recently become very interested in the concept of Notes.I just started studying a course in it.

Brokers, Agents, Sellers) until I grasp the concept and do some more homework.

This concept would be ok if you had access to real private money or had the knowledge to set up such a program as the traditional hard money lenders this would be too commercial in their requirements for this to work.

There is still very good information on the videos and a great way to learn all the basic concepts of real estate.