I just want to connect with other people who are doing short term loans on real estate projects that are not institutions.

You also need to be able to rely on project management skills to manage the project to stay on track.

Have participated in about 6 PadSplit projects over the past year.

When analyzing potential investment opportunities, one thing you can't afford to overlook is projecting those sweet returns.

Secondly is to outsource everything to a professional so you are basically acting as the developer/project manager.

This can be far cheaper than having an in-house project manager to do this for you.Based off your statement "this will be my first time managing a renovation out of state", it looks like you are familiar with the renovation process.

I'm a project manager by career, so I know with proper preparation, anything can be successful.  

The flexibility, speed, and personalized approach make private money lending a go-to for real estate investors, especially for projects that require quick decisions or more creative solutions.

Considering that he isn't there personally for the renovation he hires someone to manage the construction project.

You can find properties that can surpass or stay below the average as well.As for the overall market panorama, there are huge projects planned or under development.