I am also looking at Hemlane since they offer 3 different service levels and get good reviews.

If the exit is a DSCR refinance, you will be capped at 75% LTV based on your experience level. 

@Don Konipol, and this is just the "sponsor level" info.  

Purchase price: $200,000 Cash invested: $43,000 House with a separate one bedroom/one bathroom on the second level.

But I believe that if you're not violating any terms, not in a restricted industry or involved with anything deemed risky by Stripe then you're probably safe.It appears their move to Stripe is for accelerated payment processing, which is interesting since they acquired eRentPayment and Payment Report.On surface level it might be they're adding Stripe as an option on top of their existing infrastructure.

However, that depends on the time/energy/skills he puts into it.I

Doing nothing may be correct for one person, and engaging in a complicated entity structure may also be correct for another person depending on the situation.Each real estate investor/professional has different risk tolerances, different levels of savvy, different abilities in terms of bookkeeping, different estate plans, if one has an estate plan at all, and different relationships.

But from what I’ve seen the general price level of notes for sale is way too high for the risk involved.  

Quote from @Robert Cucino: Quote from @Tanner Lewis: Those look like pretty solid returns on the surface level, if you decide to go with DSCR, you can qualify the deal with AirDNA projected income even if it is rural. yeah i talked to dcsr lender in area, they do 80 LTV.

In industrial, my experience is clear heights, door count and size, loading dock access, and (probably not the case here) how perfectly level are the floors.I would also run a price sensitivity on how far rents may be able to drop to still make this worthwhile.