Given your example you would lend a maximum amount of $16,100. of the purchase price. (23,000) You want the rehabber to have skin in the game.

OTH, a servicer who is registered and conducting business with no skin in the game will be viewed as giving testimony that is unimpeachable compared to an individual note holder.

Skin in the game changes the perceived risk.

I guess the question in a nut shell is: Is monthly cash flow the name of the game?

If you're relying on agent listings you are late to the game.

I have been out of the game for some time and am now just jumping back in so I can't provide current numbers.

I am also a realtor and the smaller company that I work for really likes to shoot these improvised youtube videos of the houses, they think it works well for them.

Just get a $1mm umbrella liability insurance policy for a couple hundred bucks a year, and you should be fine at this stage of the game.

The object of the game being: how much marketing value can I create in as few letters or syllables as possible.

I like your instinct to not "believe" his statement.I'd seek the opinion of an independent commercial broker, and an independent residential broker, that don't have any potential vested interests in the game.