Both offered up to $40k, 12-14% rate which is higher but not bad for an unsecured personal loan. 

have you seen it yourself in person? 

Awesome to see a new investor-minded person here.. do you have a favorite real estate success story already?

While this job could be performed remotely, working with my peers in person for at least a year is important to me.

If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title. 

@Reyna AyalaI personally feel this is overkill.

I heard that if you move the personal mortgages to an LLC they could get called and we would want to avoid that3.

My recommendation would be to engage an investment property focused realtor (not a general residential realtor) and let that person guide you through the process from pre-qualification to market/property valuation and selection. 

Conducted personal research.

That person isnt to hard to find.