In his REI model he uses an "unsecured line of credit" with a local bank that he has continuously built a relationship/trust that has allowed him to be more flexible that even portfolio loans.

The yin-yang in seasoned vs newb -- when you're dealing with someone that's seasoned you tend to get laxed and not check certain things out because you know(suspect) that they know better(more trusting relationship).

We will see how much feedback we get.So far the pro's that I have heard that telling them you are the owner gets you more respect from the tenants and that you can build better relationships with tenants to have them stay longer.  

It just so happens I stumbled across this whole sale investment company, and I got involved...I was like a kid in a toy factory out of my mind with joy, it was like riding a bicycle on the phone making deals, going out looking at properties, building relationships with buyers, sellers, agents, brokers, ect... after, really my first month I knew I had to start my own company... however I stayed with the company for 7 months, and decided now was the time to do my own thing, I know the game, I also know I have so much more to learn, if I built a thriving wholesale investment company once before I can do it again.

I see two ways to calculate my investment:1) Historical approach - the amount of the original downpayment plus renovation costs and 2) Present status - the value/equity that is tied up, but would reap if I sold it. 

This carries some risk, but if you are fully approved and have a good relationship with your bank then you should be safe. 3.

I set my business relationship with foreigners as a humble guide and advisor. 

He said many times they are not ready to sell but by developing a relationship with the owner, when he/she was ready to sell he had a foot in the door.If you're in this for the long term you might want to start reaching out to property owners.

There are no shortcuts for building relationships with other investors.

The best profitable relationships are going to be built in social meeting sessions where you may not get to talk to everyone but where you can make an impression on some people.