Hey Peter, I'm glad you found the data intriguing and valuable.Since I'm just starting in the Agent game, I'll currently be focusing on traditional buyers and sellers within the Orange County area at first to gain some more hands on experience--working towards my main goal of helping investors find their ideal investments and become an investor myself is part of the plan as well.However, I am keeping a close eye on the broader market trends to understand the dynamics affecting our local market.

Eventually, this ongoing dynamic monitoring became an administrative burden. 

You need a thick skin.

Keep the letter short and sweet give them a time frame to take it down like ten days.Get earplugs, thicker skin, and don't engage in discussions, never ever respond in anger, it will escalate. 

We invest across the country, and there are different market dynamics in different locations. 

You will likely need a GC or someone with experience to have some skin in the game (i.e either have some element of ownership of the borrowing entity and/or take on recourse) for private money lenders to feel comfortable issuing financing for GUC. 

It's just another way to skin the cat.

Do you think the book still makes since given the current market dynamics?

I concur that it is "super low risk ", as Spencer's skin in the game is 20k, not 260k.

It's skin in the game no matter how you play it especially with these higher rates.