The cure to both - the 4 ions: education, action, progress(ion), not perfection".

You see progress and stay motivated that way even if the math tells you to hit the highest rate first (avalanche method). 

Irony of ironies that folks using hard money loans are paying for their own possible foreclosure, but this is also the reason that frequent repeat customers of a hard money lender typically pay less in points as the relationship progresses.

I  mean I buy vacant land.. and other non cash flow deals.but I have a way to value add ( build on them) or a pretty strong idea that path of progress is going to run into us.really depends.. and I agree building wealth at 100 to 200 a month at a time.. you take on a ton of debt for very little actual return..

It's also vital that your boots on the ground person inspect progress on the project every 3 days or so. 

Good recordkeeping helps a business monitor progress.

There is not internet in the house, so the system has to be cellular with remote monitoring.

I was constantly texting him and calling him, trying to get status, progress, etc. 

However, a silver lining in the story was that I was able to get another guy out that started right away and is making GR8 progress already. 

Thanks again, and I'll update this as things progress.