Also, our local REIA events provide great networking opportunities if you haven't checked it out yet.

(If I understand umbrella policies correctly, they would also cover you in other events such as an auto accident where the victim sues you for more than your auto policy).I'm going back and forth on this specific point, but I know there are a lot of people on BP who insist on umbrella policies.

Every REIA I know has events after hours since so many folks do have day jobs to work around.

In the event a construction company does not do the work they were contracted to do in due time causing huge delays and extra costs on top of the contracted amount to finish a property. 

As I recall there are also sq. ft. limits set as minimums.If we pass these requirements, the property is in good and marketable condition, we move on to the financial side of the borrower.In doing a seller financed loan, the originator must recognize that in the event of default, that equity funded note that is an installment agreement is not the same as a cash funded loan.

I'm a big kid, almost 48 years old, who feels more like 25 years old.I entertain mostly at young teen events.

In the event you were managing other people's capital, the above allocation, which commonly gets referred to as a waterfall will dictate what is mandated to be paid from the total return, which then leaves essentially 'free' cash to reinvest.

I actually found them to be quite arrogant relative to the bulk of the other real portals, but they seem to be reputable.They likely have carve-outs in their contracts with promoters pushing the "reasonableness" of 506(c) to the promoter in the event something goes sideways.

In the event you took deposited 20% in EM and received financing which only required 10% down payment, you would receive money back at closing.

As @Pam R. mentioned, it will be extremely important to decide your criteria in advance in the event you receive multiple applications.