There are a lot of high character folks who get sucked into garbage Co-GP style guru programs.

I have a list of folks I can send your way. 

And most of those buyers dont have a very big down payment /  unless you think you can get bigger BP.. so if these are high ltv loans then no I dont think HNW folks will jump on it.if the LTV is about 60% then that might work. 

But you do have the room sharing.. in Cupertino were you have a huge Asian population I know folks that will put two computer kids in each room for 4 bed house 8 techies and each paying 1k to 1500 a month.. can just about make it work since the houses are 2 mil. 

., one thing I really want to stress that most folks mess up is a registered agent. 

In fact, I would estimate that it is mostly upper middle-class folks that have the money and wherewithal to go through the vacation rental process - prepayment of substantial monies, etc.If you only have one property, I would just stick with Venmo, CashApp, or Paypal.

Hey @Anthony Sigala many folks might be optimistic about this rule but the "rule" was created during a very specific and particular time in real estate as a way to help newer investors have a framework on how to approach rental properties without going in blind.

I know a few folks who are in the 506 Investor Group that have great things to say about it.

good story.. there are so many examples of folks buying worthless land at tax sales.or bidding on seconds at foreclosure sales and thinking it was the first or wiped out the first..

For me it was not necessarily that and frankly most 9 to 5 weekend off parents get way more time with the kiddos than self employed folks that are striving to build up their investments.