We hired a (fractional) revenue manager that is touching our prices daily. 

@Seth KristianNot an attorney but fractional reserve lending has been challenged in the past as have mortgagesIn most cases unjust enrichment can come into play when it’s disputed but if you did not receive the $, you cannot say you don’t owe it back.If you want a crazier case read greenleaf case in MaineThat one is actually case law (this one Daly had it overturned).Free homes in Maine forMany if they knew about it.

For example, Lebanon has comparable rents to places like Lititz but with fractions of home costs.

I keep about 20-25k in reserves for my properties (I don't keep a reserve per property because I think it would be so rare to have major issues at every property at once - kind of like fractional reserve banking for my property reserves). 

I just wouldn't pay a guru.Read the forums here, listen to the podcasts, read the Bigger Pockets books, the worksheets, the willingness of people on this board to weigh in on potential deals.That in itself is honestly enough, you will get all of the information (and likely better info) at a fraction of the cost.Find a good real estate agent that specializes in working with investors and tell them you are looking to get into real estate investing and see if they can help you get started.Let me ask this question, what do you hope to get from a guru? 

In this market, cash is more important than a fractional difference in the rate. 

They said to move it out would incur a fee but it was a fraction of a percent. 7% doesn't make much sense to me.

There would likely be a premium for these NFTs beyond the RE they're backed by, as they're much more liquid than traditional RE ownership (especially fractionalized ownership).Happy to chat further with anyone that's interested in a concept like this.

As a CA broker I can originate whole as well as fractionalized loans.

There are some LLCs in the city successfully using partition to buy properties at a fraction of fair market value.