So, while we're in a great spot to have someone we trust, he's in learning mode as much as we are.

Just remember at the same time the business model is geared for them to make money in buying the home for you, rehabbing it to be able to put a tenant into the property, managing the property and then selling the property for you down the road.

We're also in heavy capital raise mode to take advantage again of the cycle where foreclosures are starting to rise again (non-performing loan buying).

that model is dead and gone on the west coast.. no question.. works in the hood though or burnt out landlords.. not nice retail ready real estate no reason for those folks to do this they can list and sell and be done in 120 days max.

I am in full blitz mode to find the commercial lending mecca for single fam residential portfolio. 

Per the graph, we are still in stage 8, 9, or 10.We are in phrase 2, expansion mode.

I'm stuck in my "banker" mode when i call people "clients".

With my shared housing model, I don't go as deep and a ton of my renters don't even have bank accounts.Hope it works out for you but be super careful.

You go back into "wait and save money" mode.  

The poor state of the economy combined with rising amounts of catastrophic losses across the US are driving the carriers to enter "profit mode".