How can an investor best exploit another set of investors who will likely lose their shirt on bad deals of the past?

What made you interested in investing in this type of deal?

Definitely be VERY diligent with your underwriting on a deal like this.

Hi everyone,My name is Charlie Lilly, and I am a 25-year-old business graduate from Saint Mary's University.

That's no big deal if it's just a room being used as a bedroom, but imagine ripping out that nice kitchen and bathroom you put in!

This is the most complicated piece because you are essentially the mortgage originator (which might run into licensing concerns depending on how many times you do this and your state), and you need to make sure the person who is buying is a good borrower.3) close with a title company or lawyer (state dependent) who knows how to deal with this type of transaction4) set up an account with a servicer to collect the money from the borrower (not required, but highly recommended from note buyers)5) collect payments

What can we do to earn your business? 

Not sure on all the particulars of your deal but that seems high.

Anyone in the Pensacola Florida in the AirBNB business?

In the meantime work on building a downpayment and do an owner occupied deal in the meantime (that's how I had scratched my itch to "do more".)