Jay,You mentioned total loss on syndication deals. 

A coworker mentioned they learned how to invest in real estate using the Bigger Pockets website so I decided to check it out to see what it was all about.

Some carriers require limited water damage coverage depending on the age of the property and age of utilities.I would recommend at least 25% (ideally more) when possible and if you're limited to 10% you should make sure you cannot purchase another policy for a similar price.

@Karen SmithAs jay mentioned private lending has been around forever and it’s really not on the rise - I think it’s always been a large player in the real estate investment space for short term loans.

@Shiloh LundahlHopefully you won't think I lost my mind but I agree with you disagreeing with me on the things you mentioned and I agree with most of what you wrote.

How many people every year pour out there life savings to come for a vacation, just from TX, not even mentioning the US or rest of world. 

Is it ok to just mention previous work history? 

The other option I have not seen mentioned yet is finding a corespondent who can originate for you.

I should also mention we shut off the breaker (to the garage) after confirmation from two electricians and our contractor that we had a serious fire risk.   

Like some others mentioned, he is very much like Seth.