You'd have to put down an extra-ordinarily large amount to hold the 50% rule.

This would be in lieu of a large downpayment. 3 - Signature loans?

How likely do you think unforeseen negative aspects of changing a large part of how our economic society operates are if the code was so simple a monkey could do it?

Which will flood the market with a large inventory of low priced homes.

I would prefer if you have/had a loan with them to validate your opinion.I am just about ready for my 3rd rental property but so far have always banked with a large bank for my personal banking, however they do not do investment loans.

You could check out large cities in Mississippi, North Carolina, South Carolina, Arkansas, Louisiana, Texas and Georgia.

FNMA and FHLMC are the two large govt conventional lenders, and both lend to NOO's on a much more restricted basis, which I think you probably already know.

For instance, lease a large property near a campus for the son/daughter, then sublease the extra rooms.

Now I understand the value of having someone you can trust on the ground and I'm not saying this person shouldn't get a cut but perhaps you should work out a deal where your partner gets a scaled % that increases over time as you do a few deals and see how the work and effort split plays out.

Number 7 on the list of winners spent $99k in total so the dropoff from the top 6 to number 7 was dramatic.So besides sequential Bidder Numbers (except for 11411) and similar large dollar amount invested - why do I think the top six bidders know each other (or are the same entity)?