Very impressive and great service.  

Then it begins to play the gamble of how many months does it take for the bank to foreclose on the asset and how many months of rent can you collect in the mean time. 

Home Runs are great but a lot of investors have built really impressive portfolio's with a bunch of singles and doubles.

Flips and trying to make that first impression AMAZING  buy and holds and trying to maintain good law   or vacation rentals.

Send them a bill for the situation and if they don't pay tell them your sending the invoice to a collection agency that will call them constantly till they pay. 

From what I gather, and correct me if I'm wrong, the HM lender puts up 95-98% LTC, has the borrower puts up the remainder and instead of charging points and monthly interest the HM lender collect 50% of the profits. 

I actually did receive an impressive one several years ago, but unfortunately misplaced it.

Im not sure the terminology but even if the rental homes do not generate a profit as long as they are covering mortgage and other costs by the rental income so that within 20-25 years everything will be paid off and I can collect the rent on all the properties as income for retirement down the road.

I'm also planning on just trying to absorb as much as i can from the collective mind of the BiggerPockets forums.

I would much rather, every single day rather, collect 8-12% interest on a well secured note in my backyard than own a house in a market a thousand miles away that is full of other investors all hoping to collect a rent check.