So, I'd be happy offer to the local investors my two sentences about the design of their projects in exchange for your kindness to share with me your experience in RE investment in SF.

Tab I would be careful using the words flip and 203k in the same sentence... the banks frown upon that.

I was only talking about 506 (D) @Ivan Vargas  That's why the the next sentence talked about rules and regs.  

He now owns the Cor Company and if you do a little research, you'll find he pleaded guilty to bank fraud and served a prison sentence for it in the late 90's. 

FinCEN and OFAC violations carry long prison sentences, along with serious fines.Back to the question of de minimis in lending.

and also go through the time it takes to sell with an agent days in the market (DOM) tell the average amount of time it takes to sell a house with an agentSo it’s costs money and it costs timeColumn 2, renting it out with a property manager, there are risks and rewards A property manager cannot guarantee cash flow so you can make your bank payment A property manager cannot guarantee will be no damage in a property manager does not keep an eye on the property that much, maybe once in a while so if there’s an eviction you have to pay for it and if this damage you pay for it if there’s no rent coming in, you have to pay the mortgageColumn 3, I generally talk about seller financing in generalthere’s lease to own and owner financing Lease to own you turn the property into an investment property you are landlord and you have to pay the mortgage your to pay maintenance and taxes and insurance hopefully the behavior of your tenant buyer versus a regular tenant is better, money on time, no damage the tenant buyer wants to buy the property the tenant buyer most of the time does not cause you trouble as the landlord the buyer wants you the landlord to give them a good recommendation when they try to get the mortgage down the road; they need their landlord to give them verification of rents (VOR) Owner financing with sub2 means you’re selling the property and the owners have a deed it’s a little bit like contract for deed where you pay on a contract, and you can either finish the contract or refinance contract and pay off the existing financing___________________________________________________How to buy subject toit’s important that you read this next sentence,I DONT BUY SUB2 UNLESS ITS A PERFECT HOUSEwhat’s a perfect house?

to give effect or force to (a law, decree, judicial sentence, etc.). to carry out the terms of (a will). to transact or carry through (a contract, mortgage, etc.) in the manner prescribed by law; complete and give validity to (a legal instrument) by fulfilling the legal requirements, as by signing or sealing."

If there was a criminal prosecution, it may have settled out and he may be serving a sentence.

(is that a run-on sentence?) 

Found guilty in conspiring with 20 other traders and brokers to rig LIBOR to benefit his own trading positions, Tom Hayes was finally convicted and sentenced to 14 years in prison by a U.K. judge.