I want to point out that there is most definitely an element of economy of scale here - most profitable lenders need a team of people with specific skills to lend efficiently and profitably.

Thanks Chris,Indeed, we have a decent group of 1100+ people (https://groups.google.com/g/scalable-property-investing).

Looking to connect with people who understand vacation rentals on Lake Norman.

I won't be moving in just yet and I'm wary of people just stopping by the property.

I don’t think there is much if any cross over, so while he forum may be a little more active it’s just two groups of people skipping over the others posts to get to theirs.

Both ND and SD are in the handful of states, like CA, that require a license for all RE loans.

Many people say they never do, but if they can increase your interest rate 5 or 6% they might. 

Will your partner be upset because you are getting the better end of the deal living rent free(assuming you aren't paying rent).What if only your name is on the mortgage and deed, then the tax documents will all fall on you and your tax return and not his which makes it more complicated trying to shift income to him.If there are two people on the mortgage, it will impact both your DTI ratio's equally in full hurting both of your abilities to get credit in the future until the property is sold.Why can't you do the live in flip on your own?

Even when you exclude the ones who are simply renting out their own spaces - second homes, pre-existing ADUs, spare bedrooms, or their RVs, the number of people that started with less than we have is likely still significant.

I built a bunch of houses there an loved it.. prices have SKY rocketed there though holy cow. cant believe the appreciation there.. very under the radar but limited land and houses great place lots of money people and there ya go values through the roof.