They are lending based on that you can put done money (you have skin in the game) and that the property will cash flow (tenant will pay the mortgage)We have about 21 units now.

On the surface what I normally see in these cases are Real Estate agents that disappear after the sale because they comped the rent value too high, followed by an inexperienced PM that has a hard time explaining WHY the rent price is too high, and finally an investor that put his trust in all the wrong people to achieve their goals. 

The lenders want a lot of skin in the game and want to make sure they are kept whole and any losses are yours.

If you think "U may learn something" from your posts, it's that you have no skin in the game but a boatload of opinions.

I agreed to all this because I was really worried that the problem may surface again in the near future and it will end up costing me more money according to the plumber.

He says that he likes that I had everything together and made it a smooth process for him to come into, plus I did put up for the purchase which allowed him to know that I had "skin in the game" and was all in.I was also grateful because he agreed initially to keep me involved in the actual rehab. 

@Jason BrownYou can source for private Money Investors to fund your deals, but they usually would require you to have a skin in the deal.

What skin in the game do you 3 have if things go badly?

@Sarah SimoninMost hard money lenders want proof of experience or serious skin in the game.

I have thick skin with 30 plus years in outside sales, it's the principle behind it.I hope this reaches you Jay that you and your wife are doing awesome!