My goals for that is to grow it into a huge networking opportunity where anyone with any level of experience can come, meet like minded people, and extract a huge amount of value.

Belief that your purpose is meaningful and attainable!

A pic adds a more meaningful dimension to the relationships being formed via the site. 

When I build a project and then loan against it, I have to go to the right bank because some banks won't help. normally the bankers call it an equity extraction instead of a refinance.

It is what it is, and I hope you can extract valuable points here to better the whole podcast thing.Now for the good.A lot of you (you included) try hard to make this place the way it is and I applaud you for that.

., risk mitigation begins with every meaningful "business" decision you make, not wrap around legal gimmicks.

It's also helpful to remind myself that luxury is not the end-goal (at least for me) but pursuing meaningful projects. 

If you find properties with this type of value add, your ROI/COC will be great even if you cannot extract all of your investment. 

This is about as much as I have been able to extract thus far.

Granted, this can be a learning experience about how to harden rentals properly, but it often creates all kinds of nostalgic sentiments that can flare up into conflicts with the tenants.The usual scenario is that the tenants move in, live as tenants do, and the newbie landlords go back in and find delicate stuff, or meaningful stuff, or stuff that they didn't even know was meaningful to them damaged or painted over or disrespected in some way, and then the newbie landlords get in this forum and moan about how tenants just don't respect their landlord's property, and they get ten other newbies commiserating and telling them that yes, yes, yes, they're right, and their tenants are bad, bad, bad...and of course this can lead to all kinds of poor decisions.