Asset manager role would be to give advice on property that could be value added and increase the income on a property by small or big tweaks.

NET OPERATING INCOME: The Net Operating income of the property is higher than the budget given to investors in all 6 months.

With “very little income” where is this $8k/mo coming from?

Your IRA can borrow, but you have to be careful to not personally guarantee it.

Quote from @Max Ferguson: Quote from @Jay Hinrichs: Quote from @Max Ferguson: I'd be interested in hearing about it, but I can almost guarantee if you aren't extremely well versed in the local market you will not find an end buyer.

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

And I guarantee the interest rates will go up between now and then.

Is there a money back guarantee if for some reason it isn't what you thought you were getting? 

Whether or not he is solely using the rental income to pay off the property or not, he has the ability to pay down a mortgage efficiently. 2.

Rental gives $500 monthly income from $2,000 rent.