Of 10% management 10% reserves. not understanding asset class's. so when you get into a CD class your serves need to be doubled or tripled.. 

Leverage technology early and put everything in the cloud, so you can access info wherever you are.Make sure to get properly licensed and obtain E&O Insurance.

And you’re absolutely right: underwriting isn’t just numbers on a spreadsheet; it’s understanding the moving parts of an asset, the market, and how to navigate uncertainty.

I think it would require a major asset heavy backer to provide the confidence the investing public needs to scale to profitability.  

Now taht real estate has gone back to the good ole days of not being an appreciation machine and a good investor needs sound fundamentals in managing and overseeing the properties - now you are given the wave of "creative finance" which comes off as its easy to get a home but it will be interesting to see how these people are fairing in a few years of mismanagement of these assets. 

Quote from @Greg Kasmer: @Jay Hinrichs - What type of asset class do you target with property radar?

This is what I love about this asset class.

Keep working, saving money, and buy the best asset that your budget allows.

While none of us will be getting our money back he can live well selling off the remaining assets as long as they don't shut him down.

Yes, You can buy and asset, fix it up and rent it out to make money without you physically having to work for the money.