Fraud and embezzlement are the main issues that bank examiners are inside any bank, if it were simply an accounting function, that could be accomplished off site.When I was a bank examiner for FDIC, that's what I did, looked for details in banking operations that had possibilities for fraud or embezzlement.

A lawyer who is a member of PA bar is exempt provided they do not primarily function in the business of origination.

I am trying to create a visual of a stack of money with wings flying away...

The bird dog isn't out there marketing the property, the function is that of word of mouth.Check with an attorney to see what they say and you will get a clear definition so you can proceed to bird dogging.

Essentially, they are renting from the business.The rental function of the owners also will affect value as sometimes the rental arrangement is less than prevailing market rent.

Joshua Dorkin, I do share info about BP at any function that there are REI's involved.

It's hard for a pro to function off 10% caprates.

It will function, but could potentially be a huge safety issue/hazard.

Now, what debt I decide to pay and what debt I decide to leave is also a function of my income, the interest rates and the magnitude of the monthly payment.

They are not without problems just like any investment.Managing or not managing is a function of time.If you make a few hundred k a year you are not in most cases going to self manage.You would take a pay cut taking time away to do those activities.Instead you build in management fees to your purchase price and modeling.You still watch over the property manager but it is a phone call and watching the reports every few weeks as they come in.You are letting the management do the time consuming work and the heavy lifting.If however you do not have a job and this investment has to produce income for you then many self-manage or they purchased wrong and did not figure in the cost they self manage.This is why many of my clients prefer triple net properties.They already have a lot of money and want little to no headaches and keep pace with inflation.They like the extra 2 to 4% annual yield say with multifamily but when they look into all that is involved they say NO THANKS.