I want to get tips on the steps to obtain a hard money loan.

Any tips or insights would be awesome!

You're also limiting your buyer pool when it will only make money if the buyer gets creative.If you do go under contract, I would make sure you have some very broad "get out of jail free" clauses that you could terminate the contract.

Could anyone provide advice on the most cost-effective way to construct this and tips on estimating the total cost?

It means that investors can't buy lots or existing buildings and build large multifamily complexes.Policies like these mean that, long-term, landlords will see rising rents, huge pools of quality rental applicants, limited competition, and be able to essentially do the bare minimum to maintain their properties, while still seeing government sponsored appreciation and rent growth.Of course, there are also costs and risks to investors with these policies.

It also has a garage loft with pool table.

Research the operator's track record and read the offering documents.Like Evan said, a syndication = pooling of capital, regardless of the asset class or the part of the capital stack the investment is applied to. 

Any tips?

Re-piped the whole property, built a laundry room, expanded the pool deck and added pavers, refenced the property, re-built 2 exterior staircases, re-landscaped, and put in all new cabinets, granite, appliances, LVP flooring, lights, doors, blinds, etc.What was the outcome?

FeeOnlyNetwork and XY Planning Network also have great tools for finding an advisor, though those will be bigger pools of advisors who may or may not specialize in working with real estate investors.