Competition is one thing, but it is harder to compete with people that do not understand values and don't care wether they will actually perform on their contract.

I've since found that, as long as I am LICENSED (MLO) AND all parties are made aware of my license and my service performed, I can legally find the buyer a mortgage, and be compensated. 

They don’t want to pay capital gains taxes, and wish to perform a 1031 exchange to solve that issue.

Since I made that investment in myself I expect myself to perform at a high level.

More importantly, I wanted to find a way to reconnect my past experience in sports and entertainment to the real estate market. 

Topics offered so far are performing and non performing notes, out of state investing, mobile home parks, seller financing, private money. 

I have not seen much performance difference between S8 and non S8 tenants.

Those loans are primarily based on the performance (income) of the property.

If we perform the same residual analysis as we would for raw land, we would find that there would be less preconstruction costs involved, and a lower builder/developer profit would be required due to the lower level of risk.

@David JenkinsIt's just the ratio of Net Operating Income (what you're essentially earning on your asset) divided by the property/asset value.If you earned $10,000 NOI on a $100,000 property your cap rate is 10%.Now you can compare that 10% to how other assets or investments are performing.