.- Consider consulting with a real estate agent or property manager to get a better sense of the rental potential.If you're not in immediate need of the cash, renting could be a good option, especially if the numbers work out.

To be a reliable and successful Private Money Lender, focus on building strong relationships with borrowers and real estate professionals, thoroughly assess each investment opportunity by conducting due diligence on the property and the borrower's financial background, and establish clear lending criteria to mitigate risk.

I think I'll just pay some sort of consultation fee and have a engineer or architect review them and make any necessary corrections.

First, consider finding a reliable contractor who can finish the work within your budget and try negotiating the cost.

Where do I find someone with whom I can consult on my situation, booking a meeting and just talk?

To get pre-approved for a loan, speak with a mortgage lender, research neighborhoods that fit your budget and lifestyle preferences, and consult with a real estate agent.Good luck!

Duplexes can be a fantastic way to generate cash flow-just watch zoning laws, hire reliable contractors, and stay updated on rental trends.

Some states also require an annual license fee to own and operate an LLC so that could also cause a potential for increased costs there as well.I would consult with a real estate attorney to see if an LLC makes sense from a legal standpoint and advise your accountant as to your decision so the appropriate tax filings can be made. 

You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

Ultimate goal is obviously to build cashflow as seamlessly as possible and pay down debts of houses as we go so husband can leave his consulting job and we can do real estate full time.