They do the due diligence on the borrower and the property and provide me with the info to make a decision.

We want to help the poor consumer so we cut off the escape paths.John Corey

You may want to consider who will manage the property and make decisions about when to sell, trade up, etc.

You read, made a decision and then executed.

(read: closed clique which supports each other and votes for each other) I ran for office because of a problem (not the one below) I saw when I went to appeal a decision against me.

We decided to give the reluctant kid more time to make her decision.

I make the decisions, he does everything else.

I let all contractors know what time frame I am going to make the decision in and if they don't hear back from me by that time... they didn't get the job.

But, I made sure I put some things in place before I decided to leave my job 1) I made sure I was making 2x my monthly income in my rentals to replace my W2 income2) I saved 6 months of living expenses (from flips and other deals) so that I had a little cushion in case Murphy's Law took effect3) I put together a gameplan of what I wanted my real estate investing business to look like once I left my job -- If you don't have a plan, you're planning to failHonestly, I've been blessed and I feel like it was the best decision I ever made in my life.

Scott,The decision was likely complex given BoA business mix and some merge activities presently being worked on (MBNA for one).I think it is fair to assume that if BoA wants to buy in loans originated by another firm Countrywide will be close to the top of the list.