Here are some common pitfalls I see for new investors from the private lending perspective:• Insufficient Funds: most lenders are going to be able to lend a first-time investor somewhere around 75-80% of the purchase price of an existing property + 100% of your estimated rehab budget (or an 80/100 loan, for short).

@Tanner Lewis, is right, if you want to consolidate all of that debt into one loan then place all the debt so it is secured by the property, sell the property and 1031 into another property with one loan.

We secured a 200k USD senior debt position which allows us to avoid raising so much equity.

From my point of view for event guest screening and security deposits, Superhog is reliable and integrates well for STRs and events, but you might need to adjust its setup for your use case.

I'm curious to hear from others across the US what innovative strategies their municipalities have successfully implemented to incentivize development and promote housing affordability through private investment and cooperation. 

Private investments are not.

I secured my first duplex in Rochester and it is fully rented generating better than expected returns.

You can send your email address in private message.

They're a conduit lender, so they require more documentation than a mortgage fund or private individual would request. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.