I've known others to be successful in this area where others chose not to venture - different strokes for different folks.

Start with broad strokes, that way you capture potential areas that may have originally been missed.

I mean some people are shooting for a couple home runs a year, some investors don't mind hitting more but only getting singles and doubles.If you can turn your money 5 times a year at 8% you are still getting great returns versus the guy who needs 15% and can only do it twice maybe three times if they are lucky.Different strokes for different folks.

I put them up once, too much work and not enough calls back.A good friend gets deals this way though, different strokes for different folks.I do always laugh when I drive by a dozen bandit signs on the way to a deal I've just secured though different methods.

You could see that @Bill W has already disagreed with my position, but it's different strokes for different folks.

You really don't need a mortgage term policy designed to be reduced with a mortgage as you can obtain more coverage with a term policy that reduces on a uniformed reduction basis, a uniform decreasing term policy that will always cover any lien amount.Another matter, if it's a long term hold, an option to purchase and or first right of refusal can be used in the operating agreement, your equity may be applied toward the purchase as it's earned and acquired through the partnership.But, again, life coverage is rather unusual on small RE projects, but, OTH, I had a partner who was pretty healthy, my age who had diabetic not thought to be a big deal. 3 months later he was in the hospital having a foot amputated and 2 months later he had a stroke at my desk!

The problem with hearing "agents" is that is a very broad stroke.

No worries, different strokes for different folks!

I know folks (builders) who buy wholesale blocks in war zones and make section8 out of it....and they still profit ...so different strokes for different folks …risk needs to go hand in hand with return...

It's just that (His wife) had a mild stroke and was in the Hospital for a while but she is ok now.