I'm out this way too, in LA, and I've always ventured further out for the cash flow.

It has occurred to me that the best means for me to get started is a House Hack for my first property to get my REI venture off the ground.

Additionally, you loose control over the quality and aesthetics of any repair or upgrade.With a lease - option, the tenant is a tenant until s/he/they exercise the option and place a downpayment.

WHY because as hardmoney lenders they have more control over there capital.I have been one over the last 30 years my last shop was 35 million so we were not tiny but we were not SEattle funding either.. more on the line of East side or vestus.Borrowers just don't jump ship for 1% or a little cheaper.. they will stick with who will allow them to scale.so when I want to do a 100% deal for one of my long time borrowers no problem. your not going to be able to compete.. the day of 20% plus rates are gone of course.But the portals all want to make 14 to 18% apr just like the HML companies.Can you take market share no doubt but you will have to build it just like I built my companies excellent customer service and flexibility.. right now the Portals like RS have very stringent underwriting they cannot compete with many of the local guys in this market that have 10 to 30 mil to lend. and there is only so much hard money demand in a given market as we know.Vestus and East side get a lot of their business by providing capital to buy at courthouse steps this is highly complicated and lots of moving parts your portals will no way be able to compete at that level.Were I can see a portal doing well though is with bigger funding deals that the HML won't take on.. like larger credit type lines etc we have had some interest from portals for this.. and its not at all competition with the local guys.

As landlords and facility managers, you can’t solve this resource crisis, but you will be challenged to control water waste.By taking the initiative to flush less water down the toilet, you can do more for your facilities’ overall usage.

A good attorney that understands your goals and business can help you structure partnerships, anonymity, and separation between ventures, financing, etc. 

As some of them are out of State or out of Country, we also project manage rehabs, joint venture, and offer turnkey flips via our Contractors.

I am venturing into the world of wholesaling, primarily in the Dallas/Fort worth area.

Im down for joint ventures as well if anyone s interested!

The farthest north I'd want to venture into is Sacramento.