I’m new to private money lending, so while I understand the concepts in principle, I’m still figuring out how to identify and connect with these investors in practice.To clarify, I’m targeting 6+ unit multifamily properties, and private money is a way to scale my expertise from smaller properties into larger ones.

Interesting concept Jeremy, this will not work for a backdoor Roth IRA conversion because you are converting what already has been taxed. 

BoA is fine for this sort of setup.. but consider a local credit union in San Diego for lower fees and simpler sub-accounts from what I’ve heard.

Using the same concept, your goal is to offset daily average balance.

Check about the concept of "house hacking", many people start that way.

I like the concept of making investing accessible and achievable. 

(I know a lot of investors who are doing this, but I've been surprised to find out that it's a new concept that others haven't considered.)The more units, the better in this scenario because you can hedge your bets with more units.

I agree wholeheartedly, and if you've lived in China I guess you'll be familiar with the concept of "guanxi" which I think translates quite well to real estate.

We go by a simple concept, just do what you agreed too in the contract, nothing more, nothing less - if that happens then we all win.

A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.