Since hard money eats into profits, consider private lenders, local banks, or partnerships for lower-cost funding.

Although I am just starting my journey, (just recently sold first piece of land; acquired in 2016–held and sold this past week) I live in Southern California but looking to expand to Florida and other states for REI. 

With flexible terms and fast closings, private lenders make funding accessible to new and seasoned investors alike​​.Plan for Property Management: Whether you manage it yourself or hire a professional, ensure smooth operations by setting clear systems for rent collection, maintenance, and tenant communication.

I forget It was likely a mix of private and traditional loans I just don't recall to be honest nothing illegal. 

Pricing can vary based on bedroom size and other amenities like a private bathroom.

The investors who prefer to lend privately rather than hold equity positions would receive promissory note tied to an individual property that their contribution is tied to?

In the end, the project was completed successfully and sold for a profit.

But if I sold today I likely would lose atleast 10k.Would it be feasible to just relocate for the job and rent the house for the time being and see what happens?

Most of my clients stick to private money.  

And ironically, we are investing in a private note currently.