So I think I have an understanding of what happened but I still don't know the break down of what "investors" lost it all and what "investors" survived the crash.

Probate can be a long process and unless your business model is aquiring deals out of probate, it may not be worth your time and effort.  

If the deal is something within the scope of my business model, I would be interested as a partner, not a lender.

In my opinion, for investors (BP members) a Flat Fee model is the best way to go.

His model is a bit narrower than ours but we're trying to find some synergy.

At this point, I am in research mode attempting to educate myself about LLC's to determine what would be best.

I only buy property if I can cash flow and flip just in case something does not work out with a scenario.I am in rehab mode, meaning i am leaning towards flipping rather than holding as I see ample opportunities to get cash flow properties for the next coupe of years.

In order to have what is considered in the business world adequate profit margins and cash flow, you must be able to survive economic challenges.Many wonder why I would not accept a 10 percent return on an investment (any investment).

If they fall by $50, you're in the hole.Also consider that cash reserves are really important to surviving as a landlord.

Make a list of what you need in a building (think about the next 3-5 years if you’re in growth mode).