What made you interested in investing in this type of deal?

Neighborhoods to invest in is a more subjective topic as that is often dependent on the type of investment you're interested in, your price point and even the type of tenants, if that's the route your going,  that you are trying to attract.

We don't have that policy and I don't ever tell an applicant they can't apply I just make sure that there are multiple correspondences documenting our screening criteria.

Walking through, I can see that owner is the type that spares little expense with his own properties. 

It's was so easy for me getting started to get shiny object sindrome instead of locking in ONE STRATEGY, ONE NEIGHBORHOOD, ONE PROPERTY TYPE, ONE RENOVATION TYPE, etc. 

I suggest that you set clear goals and determine the types of properties you wish to pursue.

However, much of our document and data collection was handled by loan analyst Taylor Vassey.

However, the benefits of this type of transaction can still be safely realized with proper structuring and a good amount of equity injection.  

If you want to be active, you will get a lot of good advice on this Forum about what market to invest in and what type of active property. 

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.