This is a very simplistic analysis, but it is meant to demonstrate that systemic risk comes in different forms and that buy-and-hold investors can vary their exit timing a lot easier than fix-and-flippers because the product produces current income.I think this debate is a lot like whether or not to buy stocks for growth and capital gains or for income.

The seller must be related by blood, marriage or law or demonstrate a long-standing, family-type relationship to gift equity to the borrower.

You may be able to earn more in real estate, but don't assume that foregone earnings won't play a role.Let me demonstrate with examples.

There are too many tangible examples of regular people here on BP and in other places, that demonstrate how you can succeed in life if you reach out and use the resources that are available. 

We bought a MF that generated sufficient cash flow - Was able to demonstrate the business potential and the idea of wealth building.

It allows us to care for our families, care for others, demonstrate selflessness and compassion when passing it along to others in need, be good financial models for others to esteem to, etc.

Even with grants, you need to demonstrate resourcefulness to complete the project - otherwise the nickel and dimes will run out as soon as the 50th surprise catches you off guard.

If I had a choice, I would finance through a HELOC initially.The point of the scenario was to demonstrate that you could save X number of interest payments prior to actually using the money. 

I clerked for other firms beginning my second year.When I graduated law school and became an attorney, I worked for three years for other small law firms, where you get more experience in the trenches, opportunities to try cases, and if you demonstrate your work ethic, abilities, and focus on practical learning, you are given more responsibility which you should let it be known you want.

We can flip this scenario to demonstrate an agent that is unwilling to bluff, but I do not think that is needed.