The Swiss Cheese model is a model used for determining how accidents are caused.

Folks who own properties right now are in a Defense mode by reducing costs and stopping distributions to investors.

I just want to raise caution that if your business model is to foreclose and double your money you will most likely end up with more losses than home runs.

In all honesty, my business model is fairly simplistic.I take the approach that one should only pursue projects that can actually fund.

It's a business model I haven't tested yet.

The local website does not work properly on a smartphone, so there is no easy way to look up a local resource or contractor when in the field, it is frustrating beyond belief.I believe that the REIA model is flawed, they make most of their money off the gurus who come and speak, so the REIA is starting place for everything that I think is wrong with investor learning locations.

On the other hand, new investors tend to jump straight to "bargain hunting" mode.

I think there may be more than one reason why contractor doesn't show up , looks like you only know one of them , What about - the contractor who's business model is to collect as many downpayments as possible and tell a story everyday for the next three months , what about the contractor who knocks on the door and says , let me fix your drive way , I am here for a job , take 10k , demo 2X2 area and then never show up , what about the contractor who says to a 70 yr old that the contract only is for buying the tile and laying it out , but the caulking and finishing will take additional 3k You are convinced of a lot of things about customers- they don't have money , they don't know how to vet , they don't know what to buy , they don't know anything abt construction .Your description of investor pricing is not what I was referring to .

mode=jqm

welcome my fellow Louisianian multi-family is a great way to start, but not everyone will fit this mode right off the bat, i agree with Isaac, become familiar with your local REIA meetups, i'm looking forward to our upcoming event here in baton rouge, i plan on attending your meetup group soon as well, keep investing and keep Louisiana strong