I am not sure what state @Camille T. lives in but I don't know of a state that currently has this level of transparency.

If you own more than 20% of the entity when the loan is obtained, most lenders will likely require that you PG the note.

I can see why you’re successful in obtaining BP business.   

There have been sweeping changes in L/T laws in NYS in the last 5 years. 

Just make sure you follow the landlord/ tenant laws in your area to a T, deliver all the notices when and how you’re supposed to etc.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

What this implies to the typical RE investor is obtaining significant cash flow is a big challenge right now and relying on other RE profit sources (such as a value add and not doing a value subtract) may be a more certain path of generating returns.  

Once the investor reached the particular sale as well as reached the 1031 exchange requirements, the investor will have the opportunity to have their taxes be delayed or postponed until such time that the recently obtained property will be sold.

Does anyone have any strategies on how to a position a partnership with a private lender in order to start to obtain a Rental portfolio (with no out of pocket capital)

I have just over $200K left of owner-financing, but I'd like to obtain a cash-out mortgage/loan of $500K (ideally) to be able to pay off the previous owner and make some repairs, etc.