Actually, yesterday we had a somewhat promising section 8 inquiry want to apply.

Those that are actually good, get called upon/mailed/emailed an obscene amount by other investors.

.: Maybe someone can educate me on the actual uses and mechanics of using a substitution of collateral clause (aka substitution of security) in a loan when you are the borrower.

My goals are to start building an investment portfolio of professionally managed (I could tell you all the reasons I will not do it myself) multi-family properties and, in time, develop a property in the Northwoods (Wisconsin/UP).

The ONLY reasonable deals are:Appliances when purchased if you have a retailer that offers unlimited repairs/replacement for 5 years for 10% of price.

Private lending using retirement funds is my personal favorite (I've done a few dozen loans like this) for the following reasons: passive, low risk, and high returns.

Officers all too often think the know the law simply because they wear a badge, when they actually know a lot less than most folks. 

One major things to consider that many newer investors miss with 5+ units, is that if you intend to hold, the property will need to be at least 75% occupied and stabilized before you will be able to find reasonable financing terms. 

I would for NOT do tree houses for liability reasons.

The deal has to make sense and you really need to know the comps to make sure your investment is going to actually make money.