I've also watched a few of Mitch Stephens' videos and regularly listen to his podcast, RE investor summit. 

Last year in addition to my regular real estate transactions as a real estate agent, I bought and flipped a SFR.

I know that many of the leading sites mentioned above may reasonably be expected to eventually experience defaults from their borrowers.Therefore, consider a scenario such as this on any of the real-estate debt crowdfunding sites: - The borrower pays regularly for 9 months, but then defaults.- Default interest rate of, say, 25% kicks in thereafter- Loan remains unpaid for the following, say,  18 months before the crowdfunding site is finally is able to foreclose and sell the property but the Property can only be sold with enough cushion to repay investors' principal and only a little extra interest, but not all.  

Here's why:(1) You get to be a homeowner, with all the privileges and responsibilities that entails, and you get to learn about homeownership and maintenance without having to worry about pleasing (or not) and dealing with tenants.(2) Getting qualified for a loan as an owner/occupier is much easier and requires less down payment than buying investment property, and, as long and you follow the IRS guidelines, any profit you make when you sell may be tax free.(3) You have the option of buying a home that needs some work (generally cheaper, but also in high demand in this market) and putting in some sweat equity while you live there and/or getting roommates who pay YOU the rent (which is kind of like having tenants, only a little more intrusive).I wouldn't recommend investing in another city (like San Antonio) unless or until you know the other city pretty well, you don't mind traveling there on a regular basis, and you have a bit of your own homeownwrship experience under your belt.I'd be happy to discuss further anytime.

they must be accredited though.. there is that caveat . but that is changing with the jobs act.. but like realty shares ( Nav Athwal owner) I was his very first loan when crowdfunding was justs a twinkle in the investors eyes he has grown that to a monster company and 8 to 10% is routine for him to pay to his investors.. all auto mated and like clock work.. so that's kind of the competition when it comes to raising money and doing deals.. 10% for the risk of SFR rentals is just not that appetizing to most investors.. or they just do it themselves.

You should post this in the regular.  

If you only see tenants during your regular inspections you have a perfect tenant.

Tracking all income and expenses on everything you are responsible for and review them regularly so you can hopefully reduce expenses and increase income.By the way, I'm now 60 years old and quite opinionated.  

We do regular maintenance inspections to catch leak problems and try to prevent leaks by replacing water lines before they wear out.

Then each of our Consulting firms will show a $25k profit, and our Flipping LLC will have around $0 in profit.This is good because our Consulting firms are S-Corps, which will alleviate our taxes (compared to regular LLCs).