It looks like "Good Egg" is simply an Entity that collates funds, and then invests those funds on your behalf with the actual sponsors/general partners that actually purchase the properties, get the loans, manage the properties and distribute the funds.

Target, actual 7.5% cap rate in a reasonable neighborhood.  

Do you need to provide proof of funds at the bid or are the actual funds due at the time you win bid?

But in reality, for younger people with moderate income, I actually see less benefit to financial planning.  

But the real difference comes down to what actually drives revenue.For example, splurging on a mural in a one-bedroom rental for travel nurses won’t necessarily increase bookings (unless they’re influencers and you have a social media strategy for your rental).

And a pro forma vs. end of year actuals are very, very different.

The thing that got me considering this model and actually scaling it was a call I got from a friend.

Stay away from the top 2 banks, they can take months to actually finance you and saavy agents wont accept a preapproval from them because they can take forever. 

Understanding what you can afford will help you narrow down deals that actually work for you!

You can end this by showing them an actual utility bill.