Because of these issues and because Cozy is just basically an rent payments platform, we wound up moving to Tenant Cloud which not only allowed us to collect rent online but, we could do electronic lease signings and take care of renter's insurance right then and there. 

This is an amazing platform that  helps people to make their real estate dreams come to life!

My wife and I took his class back in 2011 and it was a game changer.

You also don't want to get into the game of discounting rent. 

You'll find that quite a few engineers turn to real estate as it's just a numbers game and we're all good at math.

I am also in the final prelaunch stages of a new cleaning product line for the home that is green, safe and eco-friendly.With all of that said, this is how I currently generate cash flow, but would like to grow into REI so that I can (one day) focus on developing more products and platforms to aid others in their lives and spend time with family.

I started investing in real estate about 18 months ago but I have acquired 7 single family homes that I manage myself so just Get In The Game and GO FOR IT!

bottom line is they talk a great game give you terms that you think you found a fold mine..etc.. nothing more than a sophisticated Nigerian  prince scam.

@Karan Malhotra I think @Jay Hinrichs and I are on different pages of the same book.I was probably getting too far in to the weeds to stick with the "general requirements" theme @Timothy Albright set up.I was simply putting the info out there that a hard money lender is going to require some "skin in the game".

seems like that is a bank refi situation not a raise private money so the owners have little to no skin in the game