We'll have to see though... both Lending Club and Prosper emerged during the economic recovery and there isn't good historical precedent for how they'll perform during harder times (unless you look at credit card paper, as you suggested).I use a service that automates loan selection, so it's a fully passive investment for me.

I’m sure you will inspire others and be instrumental in their success as well.  

As a community we need to work to protect this financial instrument.

There would need to be significant automation and cost savings in labor for GCs to shift away from what they know from a skill's standpoint. 

For example the automated messaging function, airbnb now has messaging that can be done automatically and pulls in date/guest name and other details of the reservation. 

Especially as you add in automation for MANY jobs.  

@Gerri KochThere are many apps, such as Buildium, which automates rent collection.

These flat fee groups just automate what a realtor does using technology and salaried workers.

I don't have many young tenants, so not sure how they'd respond to an online system, but as I grow, an automated system with reporting sounds pretty good. 

These goals were instrumental in building my business – because I didn’t want to have to show up to make money!!!