I'm not going to type an essay but I joined the site hoping to gain wisdom and guidance from others.

I love the industry and it has been good to me.Looking forward to getting to know you all.Scott Benjamin, PhD, MBA - The Absent Minded Professor

I went back about 2 months later to get funding on a 2nd property I found and apparently they got cold feet as I was "new".I showed them my resume... running Government programs up to $50,000,000... team sizes of 120 engineers... full profit and loss responsibility... 3 college degrees including an MBA... but somehow they believe being a landlord on a property that is generated rents in excess of 4 times the P&I is going to be more challenging?

Or if you had insurance but no LLC then the plaintiff could seize all your assets that were unprotected.The long and short of my essay is that you have to evaluate the level of risk you want to assume on your own and how much you want to offload to insurance.

I am currently doing my MBA and have a great interest in RE Finance.

Have a full time day job but I have always been interested in everything business so got my MBA last year.

A really good compilation of Buffett's letters was organized by Lawrence Cunningham and is called "The Essays of Warren Buffett: Lesson for Corporate America".

That single property was worth the price of an MBA for me and I wouldn't change a thing about it now even if I could. 

In order to successfully raise capital of this magnitude, the founders must have a track record of success in the specific field of specialization in a size and type the same as the proposed investments.In order to acquire a track record of success it would require that an individual begin as an employee of an established private equity, buyout, or similar company, and advance to a level of responsibility for decision making as to investments.Candidates for these positions are culled from the top graduates of the top 5 MBA programs, or sometimes PhD programs with a degree in a specific tech field related to the endeavor.More attainable to the person without said credentials would be to establish a track record of success in real estate investment and put together a small to medium size syndication with a significant seed investment by the operating partner.

I worked hard, MBA, 20 year tech career, so I could pay 100K a year in federal taxes for lazy and dumb people to get free housing, free health care and free food while they pop out more kids.