Sophisticated investors invest on cashflow where the rents exceed the mortgage plus expenses (and enough money to pay for professional property manage to do our dirty work).

It's simple, most of these folks are  IRA investors, not sophisticated, experienced lenders, so K.I.S.S. rules.

Hi Patrick, I see this a lot with sophisticated investors that can afford not to cashflow.

In college, I was always able to hold conversations with a more sophisticated business class crowd, throw on my cowboy boots and yuck it up with the country boys, and 30 minutes later be the life of the party.

I recommend catering to sophisticated investors who will be there during all market conditions (and will still have deep pockets when there is blood in the streets). 

We were inspired, though, by Paul Graham’s essay Do Things That Don’t Scale , which is a cogent argument for using founder time in the early stages to perfect systems before temporal demands grow such that that focus is no longer an option.This year we are taking that advice to heart by focusing wholly on what we personally can do to ensure that our prospecting, acquisition, and project execution machinery is firing on all cylinders. 

.* Most parking owners are sophisticated.

For larger deals (50-200 units), you will be looking bigger pots of money and more sophisticated investors, such as equity partnerships, syndication, non-recourse financing from institutional lenders.SCALING: Obviously, you know some things about land lording which would apply to smaller 2-4 units, but when you get over 20 units in one place that's a whole different ball of wax as you will be handling daily maintenance calls, snow plowing (I hear even TX gets ice and snow....too soon?)

He did a good job and I cannot expect all small contractors to be sophisticated with fancy invoices.Before I submit it to the insurance, I wanted to check with you all.

The entire software is geared toward making your relationships easier to manage and offering investors a sophisticated yet simple interface to keep track of their investments.