What's more important is the quality of services company provide and their expertise. 

The fact of the matter is that MLS listings are nearly exhausted after teams of acquisitions agents scour through them every morning and with regards to realtors, their expertise is typically not that of an investment background.

@Joseph Bodek@Brian Gibbons and @michael CArbonare have lots of expertise in this arena.

(Haven't figured out the tagging thing yet)Anyway, thanks to everyone in advance for your input/advice/expertise and guidance!

What is the level of expertise and integrity of my borrower?

Consider the following legal centers and/or areas of expertise related to real estate:-Niche investing strategies (think creative acquisition)-Negotiations -Business management principles (entities)-State laws about real estate -Federal income tax law -Property management -Real estate finance -Real estate leasing -Real estate sales -Appraisal -Construction -Securities lawsI am sure there are others I missed too.

Add in their time and active expertise and juice that return to 20% or more.

Then, what are market demands, the median size, price, DOM in relation to your supply, foreclosures and distressed sales that will feed your rehab expertise.

It is exactly what we were thinking (and hoping to hear) from someone who has both the experience and expertise!  

Your wisdom and expertise is greatly appreciated.