If you have well defined investing guidelines you don't need a crystal ball. 

The risk profile for someone who's a local GC and has worked on structural rehab buying a portfolio in a building is quite a bit different.Also, situations like this where professionals can properly evaluate risk and bring in capital to solve the problem of said older folks is a way to earn income and make a positive impact (assuming you're not low balling the distressed, fixed income seller).

I think Real Estate gurus should provide "I kick you in the balls repeatedly refund."

I think the investor-focused agent is one that understands investor needs vs. buying a primary home- very different ball games I think.

Nobody has a crystal ball and the failures in most operating agreements relate to their inability to anticipate  capital needs, introduction of new members, etc.

Eleven players on each side of the ball, we've done the math, it's an average of $477,272 / year / starting player.

If you are also living below your means, saving, and reinvesting after tax dollars you can get the ball rolling faster.Nothing ruins an investing career faster than a surprise $20,000 CapEx bill to a new investor who has $2,000 in the bank and just spent every penny they have on a high risk property. 

You are correct it’s a state by state thing but most states it is allowed - it also matters if it’s a primary or investmentFor example I believe Arizona you cannot get a deficiency after sale on Owner occupied but can on investment and in Texas I don’t believe you can attach to the home.Btw this is not something I typically do - but if the borrower is not going to play ball, then that’s different

I’m now battling a civil lawsuit (that I wasn’t informed about) thanks to Home 365 dropping the ball on a tenant issue and they’re not helping.

Good PM's have to defend themselves on the daily because goof ball owners have no clue of what they are doing, look at the lowest price, and pick terrible PM's.