If you had genuine web development skills (beyond installing wordpress plugins), is there a way I could leverage this as a newbie investor without a ton of capital?

I genuinely want to know because we're always tinkering with how best to meet our clients needs.

Downfalls are being sure the city recognizes it as a legal unit. 

Another thought is to recognize that they in fact have been critical to the operation / growth and make them the majority owner.

I recognize that these deals are likely to be late, but my biggest concern is the failure to update the investor on the status. 

This was a unique mailing list though - to which I believe I'm either the only (or in the very small minority) of investors marketing to.As a general matter, though, I've been spending the vast majority of my time developing unique lists and marketing systems to properties and opportunity that other wholesalers/investors cannot recognize or cannot execute on.

I ask because I know mortgage REITs exist and if they exist that means the IRS is recognizing mortgage assets as "real estate".

Nicole Aleksandrowicz Southbury knows and recognizes 203 as well as Fairfield county.

I recognize the way you spell GR8!

And more importantly, when a potential deal does cross your path, you'll recognize it when you see it!