This way the broker can search hundreds of lenders (Including Easy Street Capital) instead of just hoping that one lender can get you a good deal.A direct lender can work very well for Conventional loans, but if you were hoping to get a good deal I would look elsewhere Or you could search for hundreds of lenders here on BP or online yourself and avoid paying broker fees..

However, I had to subordinate the sellers note to 2nd position (hint: set up that language in advance to streamline the process, if that's the direction you're going to go).Since the ARV was high enough, and the potential income would support the mortgage and expenses, it all worked out. 

I don't think you need to open a direct California LLC. 

Now, under Risk Rating 2.0:- Premium Calculation: Flood zones no longer directly impact the price of flood insurance.

•Many STR investors are in the $300,000–$500,000 range, so homes closer to $600,000–$700,000 may face less direct competition but will require higher nightly rates to be profitable.

I’d suggest focusing on securing solid DSCR loans—like those from thelender.com, which lends up to 80% LTV, considers STR income, and operates as a direct lender.

I think one thing that is helpful, is to be more directed in your question and what you're looking for with regard to coaching.

Understand what you are investing in....is it a secured loan, unsecured loan, membership interest in an entity that deploys capital like a feeder fund or direct membership interest in an entity that is the deed holder? 

I would do a direct mailer in my area and try to pick up another owner occupied.  

As a few have mentioned, the best way would be to call the listing agents directly, but depending on how much time you want to dedicate, setting and going on multiple appointments with different people could prove to be time-consuming.