On the flip side, as your list becomes more targeted the number of potential sellers will go down so it's much harder to scale. 

I think you may be able to scale more quickly by taking on good debt (although lending standards have tightened significantly in the last few weeks).  

Not a game changer initially but reinvested you can continue to scale SFR. 

It has been a game changer to scale up the number of notes we do by allowing us to add people and collaborate.Pipedrive is basically a web based database system that is extremely flexible and customizable.

I should have an extremely solid base at that point, an have the flexibility to scale quickly using my current assets as leverage and go with something close to an 60-70% debt ratio at that point (cause I'm still conservative). 

Therefore if I find a property every 2 years that is a homerun, that works because I do not need to scale in non-commercial RE (I am out of F/F loans).My last purchase (11 months ago) was off market at $620K with a $20K finders fee (total not including closing is $640K), Worth ~$850K at time of purchase. 

My guys make 1/2-1.5% of the sale price if I buy (its scaled ) for average= 1/2% Great deal 1.5% of the Purchase price.

I am definitely interested in using an FHA loan on a house hack and this sounds like a great way to scale quickly.

These are all things you need to have in place BEFORE you think about scaling up and taking on investor capital.Now- the other part of your question about the fund model versus assignment process. 

I believe that 15 years from now today's undocumented folks will be spread out across the wealth scale in this country evenly.