We will retain 50% ownership of all deals with the 2nd option.The stake is high in the Bay Area so is the return.Jay, I'm meeting with Pete tomorrow at Starbucks at Great Mall.

So from a total possible advantage number of 4 from our new list, holding retains them all while note investing or similar only holds 3 of 4.

Many are under the impression that the bank will lose the interest rate on a performing loan, horsefeathers when the note is sold and the originator retains servicing rights or if it's just sold, they don't get the interest paid.

It appears at times the fundamentals of investing like location and the rest left the room when some Cali folks invest long distance.Very astute observation and who said Cali surfer dudes were not brilliant

An example - "I expect you to be considerate of others, observe the house rules and pay on time and I want you to know what you can expect from me. 

The owner retained me on the payroll. 

They stay longer and I have never really observed much damage from the dogs. 

Tenant, upon payment of all of the sums referred to herein as being payable by Tenant and Tenant's performance of all Tenant's agreements contained herein and Tenant's observance of all rules and regulations, shall and may peacefully and quietly have, hold and enjoy said Premises for the term hereof.20.

Of course, if you have an excellent tenant that you don't want to lose, you may maintain the rental rate in exchange for  retaining the tenant who pays on time, does their own minor fixes and is overall low maintenance. 

A few personal observations.