Wild goose chase begins NOW!

The excess $5k split is undetermined.The question then becomes, how do you analyze value for Investor's $49,000 of initial shared riskLocal's due diligence and $21,000 of initial shared riskMore simply putInvestor's $28,000 of initial shared riskLocal's due diligence and $0 of initial shared riskThis is where my estimates can be wildly offLet's assume the local party has an established system in place, principled by economies of scale.

This isn't a strategy to steal great deals from little old ladies, it's a strategy to reduce the amount of capital left in a single family rental... so I can buy more single family rentals...

Or at least ask them to explain why two licensed appraisers ended up with wildly different numbers.

Maybe Offer the lady cash for keys or have a fire side chat to discuss her feelings on why she did it lol I’d grab her by the hair and rub her face in it like the dog She is 

They have a little higher gains (a lot more volatility) but a syndicator who is willing to put you in a deal with more than 10-20% of your net worth is asking for trouble.Investing in CA is stupid because it doesn't cash flow and investing for appreciation is just speculation are two wildly incorrect statements. 

Almost like handing the car keys and credit card over to your teenage child as they head off for a wild night of fun.

There are a LOT of people who smoke pot you would never think of - old ladies, professionals, stoners, doctors, lawyers, realtors, the guy at McDonalds, and everybody in between."

BRRRR is great at creating velocity of money, AND there are a few wild card landmines to avoid (construction, refis, etc). 

We just started getting hits on our direct mail campaign (made an offer today after meeting a lady) and was curious about using direct mail for private lending.