In our model, we are assuming refinancing the first two properties after Year 1 by cashing out our initial $1M investment in each, and then reinvesting that $1M into another 30-40 unit complex at a ~$3M price.Basically: Year 1: Two properties at $1M eachYear 2: Refinance both properties, get initial $2M out of each property, and reinvest in another 2 like properties (4 properties at end of Year 2)Year 3: Refinance both recent properties, get initial $2M out of each property, and reinvest in another 2 like properties (6 properties at end of Year 3)Year 4: Refinance both recent properties, get initial $2M out of each property, and reinvest in another 2 like properties (8 properties at end of Year 4)Our model is to do this until Year 10.

I guess I’m still in Realtor® mode when it comes to writing anything in the Special Provisions section, as it was forbidden as a licensee.

Then I would look on NARPM.ORG and find reputable companies that share your vision and business model. I

I wrote this not too long ago- maybe it can help-https://www.biggerpockets.com/renewsblog/survive-a...There's no bulletproof solution, but there are a lot of risk mitigations that can be put into place. 

Turns out that my model is a really $hitty one.

Sometimes it is too easy for us to get lost in the details but we have to remain focused on the bigger picture while concentrating on generating cash flow for survival.

I see you as a bit of a spokesman for a business model I do not use yet so what is the hook that would get me to seriously consider using an auction rather than call a local agent?

Our model is 2 to 4 units per building.

A Countrywide spokesman said the meeting is closed to the press and is not being webcast.While the outcome is not in doubt, the proceedings lend an aura of secrecy to the final days of Countrywide, which in 2007 made one in six U.S. mortgage loans -- many of which would not get made today.They also provide a contrast to last year, when Chief Executive Angelo Mozilo would spend three hours on earnings conference calls, proclaiming the company he co-founded in 1969 had a "much better chance of success" than any rival to survive the shakeout in housing and credit markets.It won't."

Many years ago I sat down and took an evaluation of my life and this is what I came up with:I worked hardI made money for my employersI had nothing to show for my efforts but employer awards and a paycheck that kept me struggling to survive every week.Taking this into account I asked myself why have I allowed myself to be in this trap and what can I do to turn this around in my favor?