Real estate investmnets are capital intensive and if you don't have extra money sitting around to make the emergency repair when it happens you'll find yourself in a terrible position. 

They usually spend one day going through the property checking everything for a couple of hours and move forward.

As they see their money is safe and you're succeeding with your plans, they'll usually ask to increase the amount of money they loan to you.

With today's high interest rates, it usually doesn't make sense.

They usually say something like Pkg 5-dfw 28 llc, with 10-20 properties in each LLC.

I am dying to branch out into something different while the dust settles in my usual stomping grounds. 

possible big upside for the current SAFE agreement holders.Brentwood.com is a current investor in Lazy Dogs LLC and wants to take it public in a few years. options usually are good for 10 years and at a current Valuation IPOs can go !

I usually do not work with New Western; I have found the PP is too high and the ARV's are always inflated.

The higher the risk (which usually means higher costs) the higher the reward should be. 

I usually invest / work in Birmingham area, but I have been looking at properties in Baldwin County and plan to invest there also.