Because 99% of them are run by one “guru” who is in it for money.A true mastermind to me is a group of people all with an expertise in an area that they can share knowledge and provide ideasOne “expert” with 20 newbies paying a monthly fee is not a mastermind

Few reasons I'm thinking about using hard money loan to purchase the property:#1.)

It's not true that east Palo Alto only can reach the same appreciation.

With a variety of apps and websites available to us, we have a variety of income and expense tracking options right at our fingertips.One tried and true method for keeping track of financial information is the old reliable spreadsheet.

But,  if you moved from that house for a job-related reason. 

@Josh Mac we agree with 100% of what @Travis Biziorek has written, but...An OOS investor can't search for properties or learn anything about the City of Detroit market with a "block-by-block" approach:(Yes, zip codes are too big and will lead to bad experiences.We believe you can use Neighborhoods to narrow your search to a reasonable area and THEN use a block-by-block strategy as confirmation before signing a purchase contract. 

.) $160 / sq ft seems reasonable IF you were GC'ing the project yourself, but it doesn't seem like there could possibly be much room in there for a GC to make a decent profit.

I found that my roommates took more precaution when asking for certain things and actually did take really great care of the property""They will likely be better behaved and take better care of the unit if they know""It is better to tell them now and hope that they take better care of the property"None of the above quotes are logical and can all be handled by simply telling your "fellow roommate(s)" that you do not want to be held liable for their damages.Challenge anyone to come up with a LOGICAL reason to let a tenant know you are the owner (this will be fun!)...

The reason I ask is because I haven't seen anyone suggest a new mortgage on the property to get cash out to use for another investment.

There is a reason home sales are down a ton.