BUT, borrowers need to know that borrowing from individual investors is WAY different that borrowing from a lending institution or business set up to lend money.  

I'm sure that this is one of those "I can't speak to this, all individual investors are in different financial situations, yadda yadda yadda" which I get, sure. 

It is easier to approach a personal party with individual needs than a stringent lender with guidelines.Seller carried transactions are not always the most favorable option. 

I doubt this individual would want to go to court over anything.

They would be more proud of you being free/driven individual vs. just taking it from a boss. 

if you want to be hands-on and active, then you could buy more individual properties. 

And finally how do we even know if you really are an investor and if you really lost any money and how much.. there is another thread on BP where someone like you ( major bone to pic) started flaming the company because they could not pay their interest payment or get a redemption and it boiled down to that individual had a 5k investment total ..

I'm trying to assemble a group of like-minded people to take down deals and improve each other individually.

Be prepared to transfer title back into your individual name before refinancing the loan.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.