What I know is that for doing tangible real estate projects, a Spanish SL is needed as a working entity that holds the asset on its balance.

You don’t need anyone to hold or manage your SD 401(k) plan.

And truth be told, a 6% ConC return year one is hard to find but let’s stipulate to that return.To get $10,000 a month, $120,000 a year off 6% annual cash on cash, how much capital does one need invested?

Let me know if you need more information or a referral link.

If they can afford to stay, chances are they need to refinance and get the X name off the loan.   

Quote from @Michael Challenger: I have no qualms with hard money lending, but I need to learn more about the process and structure to these for typical deals so that I am more comfortable and in a position to reduce my personal risk and risk to investors as much as possible.

Are you currently managing your own properties or do you have a property manager because many times a property manager can perform the work needed for it to be turnkey.

I have found this much easier than being a private lender. 

The advantage of this is that the investor need not be accredited.  

It is much easier to hit cash flow goals.