I would imagine most misrepresent their sources and uses when they apply for their financing.

They have everything imaginable.

Hence why WB said index fund, sure if ya got a few hundred mill - billion+ yeah, could you imagine trying to sort out deploying a billion dollars into real estate, yikes, what a headache. 

I couldn't imagine telling my mom I can't afford to help you, or my wife not being able to be there for her mom, or not being able to see my grandson when ever we want.

and I was just one little mortgage guy with 450 loans out.. can you imagine the banks with hundreds of thousands of loans and servicing companies.. so having mass equity or paid for keeps this from ever being an issue. then when I sold these off.. most for cash but a lot I did a 30 to 60 month ZERO interest deal on.... and boy you should have heard the cash flow cool laid drinkers..

However, it's always advised to consult with a CPA regarding this, and I'd imagine there may be some nuances since, again, title is held in your name, not your LLC's.  

They do have to step in and pay on the underlying note while they foreclose on the wrap this to protect their credit and theoretically project their equity The issue with all this sub to and wrap stuff is under capitalized investors or investors that dont know enough or investors that have a no morals and just look at these like if it works great I have little money into this no real equity and I am not on the loan so if it does not work I will just walk off .. or really bad actors that get into title rip rents and never pay the underlying I have seen that more times than you can imagine. this sub to  wrap stuff is just super dangerous and I dont care who is training people on it there are just to many things that can go wrong when your sub to deals or wrap deals are with owner occs and their mortgages.. seller carry backs like we did worked fine and the deals were smaller in those days. 

Can you imagine calling hundreds of leads a day for "investments" and seeing all those who keep track of the dollars you're raising exit in tandem?

I've offered easy HDMI hookups for BYOC (bring your own console), but not actually included mine as I've heard stuff gets more mistreated, stolen, etc.I can't quite imagine offering newer games for this purpose. 

if there are 10 interior cosmetic violations opposed to a roof repair violation I'd imagine one would be more motivated than the other.