Hopefully as the rates and the housing market loosens so will some of these guidelines in the HML programs. from talking to hard money funds especially those who operate in more than 10 states, and 5 years of experience with underwriting teams, I'd actually disagree and say new construction is preferred to rehab due to experience level to enter the market. there's BP lenders that will do 15% LTC with 1-2 new build experience.

Personally, I'd prefer dollar-tree ones (if basic, uncluttered look) over none in the room (bedroom, whatever) because I want to encourage trash being put away.

However, it seems extremely high risk as, to my knowledge, it is unsecured and only backed by a 'promise' to repay not any hard assets or relevant collateral.    

Quote from @Kaushik Sarkar: Hi,I am interested to talk to SDIRA custodians preferably local to the DFW Texas area to expand my investments in real estate.

Good insurance, particularly with an umbrella liability policy provides very adequate protection on smaller assets. 

Also, do you have any other properties or assets? 

I've heard mixed reviews on it but we don't prefer to deal with Section 8 here, it's an arduous process.

 An LLC is helpful to protect you and your assets.

For me, I've found that as I hone in on a location and an asset class, everything gets easier. 

The other thing is for commercial loans the brokers usually prefer it to be bigger.