We recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

So, your qualifications might need to be stronger when dealing with institutional funds compared to a more casual, private lending scenario.

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

Especially when I compare my property to the other homes in the area because of it's proximity to a luxury golf course, the boarder of Rancho Palos Verdes (a high-end neighborhood).

MTR's with insurance are better payouts compared to traveling nurses or corporate.

The problem is going to be comparing the value of it compared to outsourcing it altogether.

How does it show compared to comparable ones on the market?

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

In your opinion, what are the benefits and risks of private money lending compared to traditional financing?