With my limited resources I have gotten 2 houses as rentals which have transformed my practice as I can choose who I work with.

After seeing what real estate can do for me, for my family and for my friends I'm ready to join alongside other real estate professionals and become part of this transformative industry!

If the borrower qualifies that he/she is the right person for the loan, it is genuinely approved by the lender.

Read as much as you can about Real Estate Investing, (I have bought the Bigger Pocket books and love them (Un-paid plug here) Listen to the Pod casts from BP, I have down-loaded them and listen to one every day, great Juice for the Mind and really opens your eyes to strategies you can exploreStart simple, by this I mean look around your own town, study whats hot, whats not and whats going to move ahead, by this I mean look for areas close to Down Town that are showing signs of new life, this is a sign that often old and ugly areas are now starting to transform and you can get in on the ground floor and great prices.

Used to live in Lakewood myself, so it's great to see such a beautiful transformation :) Would you mind going into detail about the landscaping in the front and back yards? 

I love the idea of transforming homes!

The loan should be non-recourse, but typically comes with "bad-boy" carve-outs, which transform the loan into a recourse loan if any of the carve-outs are triggered.  

Imagine if you can purchase condemned land or apartments and transform it into a whole tiny house community.

That isn't on the National Code Book but on the the NFPA 72 (Which stands for National Fire Alarm and Signaling code) has a requirement that smokes have to be installed inside each bedroom (they say sleep rooms in case people transform other rooms into bedrooms) even for existing homes in addition to requiring them outside each sleeping area and then one on each level of the home that is a combo carbon/smoke (Additional smoke alarms are required for larger homes.)

Make sure the investor can truly do the job and has a sophisticated enough knowledge of the asset class to genuinely add value to the project beyond just their capital.