Remember if you are giving say an 8% pref you are burning 8% interest per month to your investors so you better get that money invested quickly. - What's a good framework for organizing investment criteria on a deal-by-deal basis so we can pass around potential investments as they pop up and let individuals decide their involvement level?

Quote from @Carol Burns: I was listening to a BP webinar and the host was talking about doing a sneaky rental deal, where you buy the house as a primary residence, live in it, and then move out and rent it out.   

I imagine you will burn out if you don't enjoy living there. 

My eyes are burning

The hottest water you can get without burning yourself it should come off, heat gun also works great but you have to be super careful with vinly so it doesn't melt. 

I'm super motivated with money burning holes in my pockets right now. 

You are more likely to use “replacement cost” to replace a burned down/blown up property.

@Russell Brazil, @Cassidy Burns, @Joaquin Camarasa: 1. 

Does the guarantee burn off early in primary lease term at some point?

You have studied real estate investing and you have a BURNING Desire to participate  in this excellent opportunity.