Additionally, because the projects are large, my percentage of ownership allocated to me vast amounts of passive losses, which for a real estate professional do the job of shielding things...In short, I am more than happy to give away the cash flow to my partners.

Instead, I decided to spend 11 hours a day disseminating my vast wisdom here on BP, and save you all the fees associated with attending my traveling school of REI.

Neither of these is an option in your typical condo (as the vast majority of condos in our market are 2 bed, 1-2 bath units).Have you looked into the Washington State Housing Finance Commission downpayment assistance programs?

Flipped about 15, but kept the vast majority as rentals. 

@Andy Gross I agree with @Jim K. on this one. doing a live-in renovation is vastly different than renovations on a timeline where you are needing people to move in quickly to help offset mounting costs.

Unlike the typical syndicator who gets most of their investors from podcasts, the vast majority of these aren't marketed to unsophisticated investors.

Most of the vast sums we lend out each month that we decide not to carry ourselves, are either purchased directly from us or, more likely, go to a 3rd party public clearing house where the mortgages tend to be quickly bought by investors.

With average home values well below $90K, you have to pick and choose wisely;2) The vast majority of homes were built (and rebuilt) before 1978, which means lead paint, and often times DIP plumbing. 

We already are able to outsource the vast majority of routine maintenance one we have a property stabilized.tldr; It takes us six months to get a property stabilized to the point where all we have is 'routine' maintenance. when I bought a bunch of this stuff.. during reno I always replaced the waste lines.. to the street if they were not PVC and been done recently.. number one issue is when people start living there and sewage gets backed up..  

I do not want to level unsubstantiated accusations at anyone, but I have real difficulty accepting that any of the actors involved in marketing this business plan had no criminal intentions.What I suspect is that both Clayton and Natali Morris vastly overstated the extent of their investing experience in these properties starting up Morris Invest, and that they then fell prey to experienced fraudsters who cheerfully fed their blossoming narcissistic delusions of personal grandeur and real estate knowledge mastery with wholly illegal intentions."