Of course, people are personally responsible for their own long term planning at the end of the day, but let's be real that Wall Street isn't helping matters at all with their hidden fees and dangerous risk/reward proposition.

I am in the process of enhancing my underwriting skills/knowledge and I am looking for a good Commercial Real Estate underwriting model and training and would like to hear which one is your preferred one with the best cost/benefit proposition.

I've made a shift from thinking that it's an either/or proposition to realizing I can have a little of both if I make the right choices.

Because there are umpteen million channels that sellers can find buyers, I really see very little value proposition here. 

Won't go through my background, but wanted both a great place, great deal, business opportunity and a value proposition for the future.Since we only want to be Snow birds during January thru April for 2 to 3 weeks at a time, we were not looking for a hands on proposition.I'm more leaning towards nature and not Tourism.Looked at buying/building a house. 

That is the point that Jay was making.Some people always leave it to last minute, others need that wake-up call they are on the verge of losing their house before taking action, others have had other pressing issues to deals with in their personal life(divorce, death, etc) before dealing with their tax affairs, others simply don't have the money to pay for the tax liability (but there'd still be  the option of selling the house, if it is worth something)In my opinion, I am not convinced your proposition (at 10% of the house value) would be compelling enough for homeowners to hand you their keys.

In California, we have Proposition 13 which means that properties are taxed on their assessed value, not market value.

It seems to me a dangerous proposition playing with credit, how exactly does the business model work?

While I get the value proposition for some as an alternative to a reverse mortgage, I do not see how it is a value proposition to an investor.

Additionally, unless you are going to be active and can get on the HOA board, condos are a risky proposition.