Get multiple referrals, quotes, and references.

@Colleen Woods, you seem to be referring to something I said, but I'm not on this thread.

Refer back to Roger's post for the specifics. 

Pace said repeatedly that he only does deals with his own community (and apparently you can get bonuses for referring new members) which infuses new capital into the community continuously.  

If you go this route, get references from their other management clients.3.

Detailed Due DiligenceConduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities.

I’m looking at a couple of deals at the moment but none seem to match what you are referring to.

Also, when you say rental property, are you referring to short term rentals or long term?

What type of red tape are you referring to?

Basically this is referred to as a "purchase money 2nd lien"...but with it you can refinance right away, no waiting.Hope all of that makes sense.