@Michael BackerSorry for the misunderstanding.

It is advantageous to have a local agent in such a situation.To stop some misunderstandings that might confuse people looking for information, Proper is NOT a broker and never has been.

@Mike Dorneman I might be misunderstanding but can't you brrrr with cash out refinancing just as well as HELOCs, especially if you can find a place without seasoning that will cash out on the ARV?

Any lawsuit will just be directed at the owner of the property, not the managing LLC.You really need to talk to an experienced CPA about this, because I fear you are misunderstanding tax laws.

Several thousand words of what are essentially essays explaining to people the common misunderstandings of monetary policy. 

I think tere is a misunderstanding here. it's not a price difference of $8000 vs $1500.   

Chris, maybe I am missing a step or misunderstanding, but how are you making money on this?

What people misunderstand is that these “quick and fast” mentorship programs AT BEST offer incomplete information and provide only a minor portion of the knowledge necessary for long term success.  

Insurance also doesn’t protect you from misunderstandings, especially those made in writing and email.

I'm surprised that you tell me this is incorrect, or am I misunderstanding what you are saying?