On top of the Vetting process, you have SEC Registration requirements and procedures that need to be followed and an Accounting and Control System would have to be formed just to be able to satisfying reporting requirements.The concept of Team Work is dead on...just the suggested platform/method is simply dead :)/**Your Network = Your Net Worth**

I have the right team work on this house so not much surprised. actually we have good surprised!

Another reason I think many people miss the boat by not getting into the business as agents.. and thinking only of wholesaling unless you can be like Russ who is VERY good at what he does with their systems and team work.. the agent route is viable..

Even if it's bad news the quicker you communicate the potential problem the more you can get your team working on the solution.4-Qualify in advance-  Don't let a buyer go shop without having a strong understanding of their qualifications.4- Close on time-   This is how you build your reputation as a great lender. 

@Erik StewartI lost my W2 position with a company I just relocated for, and right after being told I was part of the long term team (worked there 7 years).

Our team worked like hell for an entire year towards the goal of getting this thing bankable so we could refinance it and take our private money lender out.And one year later we got a bank interested in refinancing it.Just yesterday, our banker called me about the appraisal.

when I did the bulk of this business from 02 to 08  I was funding about 400 of them a year in 7 different markets we could do it because I had my vendors all in place.were I am seeing the real weak part of BRRR as its being talked about today.. is that before I even did my HML to put the LA investor into title I had them fully approved for the take out and a ARV appraisal in HAND before we even bought the property this is how a True BRRR team works.. then once I funded the deal controlled the rehab taking all that risk away from the out of state investor ( remote rehab super risky as we know for beginners)  all we needed was a 442 final docs went out I got paid off.. buyer got usually 3 to 8k back in refi proceeds.. and that's how it went..fast forward to today. 

Nice team work here guys yeah setting up your number is not up bad if you can get to the irs.gov sites if you do a google search for some reason you get a lot of none dot gov sites in the results.

Bring me what I ask for and go fight for what I want.3. have a good team working with me..I.E.house inspector, loan officer, Tilte company,contractor.As a Realtor:1.

#teamwork ;)