Obviously there’s a number of things that can go wrong, I’m just curious if you find the documents less effective than one from an experienced lawyer but you are willing to accept less quality for a cheaper product or if you actually find them more effective in the first place.

Are cold calling or broker relationships more effective?

It takes dedicated resources to build out and to do effectively at scale.

Retirement accounts are designed to be invested passively so when the IRS sees you running an active business in it, to level the playing field between retirement accounts and other business the retirement account incurs UBIT. 

With those, the HOA fee's usually have a big negative effect on cash flow. 

A good designer and architect are key for a successful project like this and keep in mind these aren't cheap.There's a lot more details to consider, feel free to DM me for more details.

What matters more is whether the borrower in question has the (i) time, (ii) contacts, (iii) experience, and (iv) ability to effectively communicate & package their loan request to banks & credit unions in a way that is compelling to those lenders. 

Selling slower here too--FL you have a lot going on--midwest has a seasonality effect. 

Louisville is fantastic for cash flow and is a safe place to start since we don't typically get caught up in the roller coaster effect of steep appreciation followed by sudden pull backs when the market isn't red hot.  

It will teach you how to effectively manage your own property giving you the tools and guidance to be able to manage a property manager down the road.