So, this created a few issues along the way and ultimately a loss of potential profit.

Ultimately I think a lot of us are in real estate because we have found a way to make real estate fit our lifestyle and goals for the long term.

Start with BiggerPockets Ultimate Beginners Guide (free).

The tenants - those actually occupying the rental - are ultimately responsible for the rent.

It is ultimately your community, so you shape your own future.

Hard money and private money loans can ultimately feel like high-stakes games, but if you have the appropriate plan in place and add a little comedy to the mix, you'll discover that the trip was well worth it in the end.

Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term

Ultimately, don't be one of those people who jumps into the deep end without knowing how to swim. 

We ultimately sold that one to a handyman and only made about 1/2 the profit we could have made on it - but we were worried about being able to sell it on the open market with how bad it smelled.  

Ultimately, raising money is about creating a product that your potential buyers want to buy.