In terms of regulatory history, this is rather new and it is real.Jumping into real estate thinking houses are just widgets or a commodity will lead to trouble, real estate is unique and so are the regulations.

So I think the answer for any particular provider, would depend on the customer base and some of the unique characteristics of the provider.

Some real interesting opportunities pop up when larger, unique buildings come up for bid.

If I understand the question correctly, you realized you made it to real estate - when you get  "the confidence" that you have the ability to deal with any real estate challenge (tied to the methodology you are working on such as - Flips, rental or wholesale, etc) ,though every challenge is unique and never encountered before.It's like any job that is not exactly repetitive but similar methodology, right ? 

One thing about condos I have found (just being on 3 different boards in the past) is that they are all so unique. 

Local investors can self manage but remote investors will have more trouble finding a reliable manager for lower end asset classes.This asset class certainly carry their own unique risks.

@Kevin Trumbull glad to hear it, Eugene is a very cool unique city!

Real estate is unique by its nature and so are the goals and objectives of your business.

This may be a unique and/or under exploited Buy/Hold niche so I’d appreciate any feedback the BP community may have.Even though I’ve done a ton of research, I believe there is no substitute for hands on experience therefore, I’d love to network with investors who have experience with this strategy or even partner with investors interested in the concept.I became a BP fan about a year ago by listening to the podcast and I am very excited to chat with and exchange ideas with the members on this site.

I'm kinda thinking it won't be a good deal, I just am learning a ton about how to analyze deals in multi-families and this is a unique situation.