I think it's a great niche and they're usually quite a bit cheaper (although it varies by the market, so it's hard to give any exact numbers).

My experience is that they prefer large open concept kitchen to dinning to living area.

RedfinPandoraThe rest are really for personal preference.

In theory you could offer less interest to the shorter term to account for the "liquidity preference," but it is still risky IMO.Originally posted by David Beard:Do you discuss that there is a market for buying/selling seasoned notes?

I actually prefer to JV with potential partners on each deal because it is easy to "split up" later on if things go south after one, two, or X deals.Be careful about securities laws if one party is passive!

Find another niche and think more globally (well at least nationally).

After that, I agree that a mixed strategy of mortgage payoff and capital savings is preferred.

I prefer to recommend an LLC as it allows corporate benefits, with simplified filing and fewer tax consequences.

We are giving preference on capital gain only.

Although my net worth is fairly high, it is mostly tied up in ROTHs and my personal residence, which I would prefer not to leverage.