Their capital exposure was reduced by 200%+.So now they own the house and work is being done. 

It depends on targeting the right demand.Owning offers appreciation, but arbitrage provides flexibility without long-term market exposure, which some investors prefer.

Thank you @David RamirezI have been looking into Real Estate Investment Associations in my area to come across other like minded investors for better exposure.

Consider investing in low-cost index funds or ETFs, as they provide broad market exposure and diversification.Utilizing tax-advantaged accounts like 401(k)s and IRAs can help maximize your retirement savings.

We develop and the returns are great but your exposure is significant.  

So we refi’d or sold to reduce debt exposure due to our perception of the economy.  

That 1st mailer, or billboard, is an "exposure" piece.

In which case I would worry about legal exposure.

My thoughts are that it would help create more exposure in REI, give me real-world experience, appease the VA when approving my multi-family property and also help me make the plunge out of my W2 (which, admittedly, is slowly sucking the life out of me). 

Private lenders allow for much more exposure to a borrower than traditional banks do.