It’s best to handle this situation carefully, keeping the communication open and professional throughout the process.

Friendly, caring, etc.

So the question is have you guys ever used a hard money lender before do you recommend it or just figure out how to get the cash yourself or find properties that can go for conventional if the seller even considers it I own a contracting company and a moving/junk company so our projects I know for a fact I can do at a fraction of the cost as most investors but still I’m getting out bid to no end where I can’t see the money at all I’m not sure what there seeing but that’s a whole other story Anyways would love to hear from you guys if you used hard money lenders before and what to be careful with I’m just trying to see all my options Thank you in advance 

I am being told that the reason they charge that much is because the rich people building vacation homes out there will pay any amount and don't care about the immediate loss of equity and they have more business than they can handle.

I won't be around so I guess I won't care, but it's interesting to think about. 

Pick these two partners carefully.

She likely can turn to legal assistance for tenants rights, especially if she’s taking care of a handicapped son, so be prepared for resistance.

If all you're thinking about is saving money versus making money then be careful not to get completely wholesaled by an "investor".

The simple answer is that they don't care if you are self-managing or if there is a PM.

Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.