Having to follow through with executive decisions is much harder due to the deep seeded personal relationships with these people. 

You first drop the seeds (first mailer), then you frequently water it (repeated mailers or alternate contact), you provide sunshine (alternate exposure like online targeted ads to your target homes, or an ad in the local paper, etc). 

Do it right, and your flip profit becomes your own bank...and you never spend your seed money.If it was me, I would sell what you have to establish a large seed base, and rebuild. 

Read these books:Rich Dad Poor DadRichest Man in BabylonThink And Grow RichMany people fail because they don't start with the fundamentals, challenging their view of the world (philosophy), so they give up and say this REI thing is "not working".The 10k Seed Capital is great; however, many here on BP started in debt of 50k or more and are now crushing it. 

Just make sure to keep your $100k seed money to stay in the game.

We put new seed down for grass and rebuilt several parts of the fence.

Having grown up in the Alberta/Cully neighborhood of Portland I witnessed the change and incredible growth the city has experienced since the 2000's, which served to plant a seed and solidify the idea of REI as the eventual "some-day" goal for myself.

If you are trying to build a portfolio and need some seed capital, it maybe worthwhile flipping to build that down payments.

The answers have been varied with a LLC mentioned most often.But, because of the $800 annual tax CA imposes, a business trust has been mentioned next most frequently or out-of-state, "foreign" LLC's, which although cheaper to implement can have expensive drawbacks (extra tax return, costs if legal action out-of-state, etc), I've been warned.My seed money is $15K of a $20K non-earned lump sum from Social Security.

Now that I've planted that seed, what'cha got?