Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

That shouldn't necessarily be a differentiator when choosing a lender, as evidenced by the boom of the DSCR lending industry....non of which are FDIC insured.

The country is the economic powerhouse of Europe, with a highly diversified economy driven by strong industrial, automotive, and technological sectors.

Unfortunately I hear this happening more and more in the industry. 

In the "industry", you would use an "Acquisition/Rehab" loan that allows you to use part of the loan to apply to the purchase of the property and you'll have some loan funds left over to use for the rehab.

In hindsight, they gave loans to people who were terrible tenants, who weren't going to change just because they now owned a house.In response to the Great Recession, higher lending criteria was forced on the industry by the government.

The industrial buy and hold buyers have virtually dried up in San Diego.  

I am completely new in this industry but I am wondering how hard money and private investing works for flipping.

You can find multiple good deals, we are growing at a very fast rate with multiple industries coming here. 

Just take what you get for free, which is an Airbnb listing, and just put the best most spectacular pictures you possibly can on there and after you’ve done that, go back and look at your listing and try to think of ways to make those pictures even betterI think that’s pretty much the formula to success in this industry.