The stability of corporate life felt like a breath of fresh air.

For example, I saw a good deal that needed work.

Other KPIs and considerations you should evaluate when talking to any lender who offered private placement of loans/notes are historic default rate, how quickly they can place your funds (do you get preference over their income funds, for example), average interest rate - borrower note rate and what is passed through to you, are loans serviced by a 3rd party servicer or in house.

This is just an example but I would not try to give anyone a head start as this is going to fluctuate throughout the months and years.  

@Liz Lynn Great example of a reason to do your own DD first rather than depending on realtors/others.

If there’s a significant difference, it might justify the cost of adding more beds.For example, we manage a 4BD property where one bedroom is currently locked off, so it only sleeps 6 (1 king, 2 queen).

Here are a few active examples and sales we think demonstrate investment value: North Coast: 3 Bedrooms / 4 Bathrooms / 4032SF on 1.6 Acres with custom architecture.

Hopefully, this is a useful example of what’s achievable with out-of-state investing, even with no local connections. 

i will only buy if i have some way of keeping my overall expenditure low - for example, BRRRR. 

Private money lenders are not always individuals (my company, for example), nor do they confine their lending practices to friends, family, and other investors they know.