As I’m nearing retirement, I just invested a similar amount in first trust deeds secured by real estate at 9.75%.

Security systems are easily outsmarted, that’s the point of the initial visit, to case the joint. 

@Chris Seveney @Nathan Gesner The owners offered to cancel their lease and return their security deposit in full.

This is a significant potential benefit that can impact everything from security deposits to rent controls to eviction procedures. 

I do not have the capital for the property to pitch in, so I plan to use the investors money to secure the property.The interest rate that I will pay the investor is 5% for up to a duration of 20 years.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.

If a single-family owner-occupied property is worth $400,000 - I wouldn't invest more than $280,000 (70%) in a note secured by the property.ITV takes priority over desired yield - so even if the note discounts to $350,000 based on desired yield, the investor still won't go beyond their maximum ITV. 

REI has processes in place so portion of the Security Deposit/ missing rent had to be covered by tenant.

Possible (but I doubt easy) if seller takes a 2nd / subordinate position to the bank or is secured by other property you own.

They are even working on getting me the evicted tenant's security deposit, the missing JANUARY rent since the place is still empty, and covering the cost of my own manager re-listing the property.