Subordinate debt is a numbers game and you would essentially "cost average" your ROI based on the winners in the pool, knowing that some of the loans will not be worth pursuing.

My questions falls as this,  when you are connecting buyers and sellers (essentially wholesaling on a higher level) you are technically by definition "brokering" a deal (though not literally a broker).

Stupid), essentially being bait and switched on, etc etc.I could go on and on, but ultimately I'm ready to bury my loses and take this as an expensive lesson.Which brings me to my questions:I'm going to ask him to sign a lien waiver, but what to do if he doesn't?

Between that oil crash and the S&L debacle, the real estate market here was decimated unlike any other period in my lifetime. 

On paper it looks like I could essentially replace my income when I get to two dozen rentals cash flowing a few hundred dollars a month.

If you take the assistance and stay 3 years you essentially get about $208/month in profit for the unit you will live in. $7500/36 months.

Essentially, what you're looking at is the HOA trying to get back dues.

@Nicholas Catania I think @Steve Bracero gave some good answers.There are essentially three big picture items you're looking to find out about any investment prospect before digging further...1> Do the numbers work for you?

Having said that, there is the added overhead of annual tax returns (even if they are essentially Null returns), etc.I have heard of using a Limited Partnership as the holding entity but don't understand it well enough to comment further.Oren

Essentially, there isn't an easy or inexpensive solution for sourcing phone numbers, and anybody offering a service to you for a low price has bad data.