From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  

A relative who does long-distance real estate investing told me that I have to sign the final loan document and the transfer of ownership document in person.

I personally haven't sent postcards, I've had good luck with PPC and Video ads. 

If there is a due on sale clause in the loan doc then it doesn’t matter what the loan officer told you verbally.I’m not an attorney, but from my understanding of the loan is still in your name personally a good litigator can pierce the veil and your LLC protection wouldn’t amount to much.

Personally, I would not keep a rental that is not expected to cash flow. 

My personal preference for a buy and hold would be an already established area (or an area that's still gentrifying, but has already seen significant progress). 

My wife and I plan to purchase a few properties ourselves, but with the lead generation strategies I’ll be implementing, I expect to come across more deals than we can personally handle.That’s where you come in!

It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.

@Zoe Brennan You can use the info below to pursue either real estate sales or investment sales:)Why does everyone want to chase strangers – and ignore their own personal network?

And what if the one person you didn't check has a criminal background, has collections, and more?