Personally, I've been in this niche since 2007.

Since the LTV on the hard money loan is high , I would personally purchase it using a bank statement loan at 85% LTV (15 percent down) and, as you mentioned, just use your cash for the rehab.

Personally, I like to target 30% equity retention in each deal.- Section 8 income isn't guaranteed.

Quote from @Mathew Chacko: Quote from @Na Person:  I too was a little skeptical of sending a large cash payment to an unlicensed entity (1031 facilitators do not need a license). 

I haven’t personally had a bad experience yet, but I know it’s definitely something that can happen in private money lending.

Quote from @Irina Badal: I heard for anonymity purpose it’s advisable to set up a personal residence trust.

Being a curious person, I gained an interest in real estate investing due to other classmates being interested in real estate.

@Dustin Horner you should be contracting maintenance work and creating a preferred list of vendors as @Phillip Austin has recommended.The first person you hire to help you should be to handle what you LEAST like to do yourself or has the greatest time savings for you!

I don't have a solution but I think a real estate attorney or a title attorney would be a good person to talk to.

I have personally invested in both turn-key and value-added properties.