Or is cutting out the middleman normally a dangerous proposition?

Sounds like a decent proposition, check out the Marketplace.

@Terry Hershberger Buying in good areas may cost more in the short run, but it sounds like a pay me now or pay me later proposition.

I guess I just wanted to know how others would feel about the proposition of of becoming a sort-of unsolicited mentor.

I won't speak for Curt but here are my thoughts:Investing is a very long term proposition.

I was curious if anyone out there has had experience with both the construction and/or economics of building new pole barn homes in rural areas that are within commuting distance of a sizable metro area.I have been approached with a JV business proposition from a trustworthy and experienced channel.

But since they're friends, maybe you're not looking at it as a business proposition?

@Manolis Sfinarolakis We would have to review everything to really be able to make that call; the underwriting occurs on the person, the property and the overall proposition (market, exit potential, etc.) so there is no definite terminology for experienced vs. inexperienced.

I've started to use them a time or two, but by the time you get done doing the deal you've got so much in, monthly payments, and then they have the nerve to ask for a credit app after you're at a 50% LTV with real money in the thing.The best thing to do is find private lenders, people with high savings that can see the value proposition.

However if you have some major issues your probably going to save money if you do go to the area and address them in person... from my experience with all of my clients over the years I find this to be a 50/50 proposition those that were fairly naïve and got stuck with a really bad TK operator got hosed... those that got with a good operator to start with did better than most..