@Chinku Chinku the rich get rich by making their money work for them.They borrow at one rate, to invest in something that returns a higher rate - they profit on the difference.Only you can evaluate your risk tolerence though.

I'm in the process of transitioning out of Cozy due to the limited functionality and my dissatisfaction with the apartments.com merger.  

Only after water is visibly coming out of this secondary cleanout would the city take responsibility and investigate further.Questions & Concerns:Does this process make sense from the plumber’s perspective?

Cut your losses the first time they miss a payment and start the eviction process.

Make sure you do your research and triple check it and continue to check it.

.❌ Less Control Over Tenants & Maintenance – You won’t be as involved in selecting tenants or overseeing repairs, which might lead to decisions you wouldn’t have made yourself.❌ Not All Property Managers Are Great – A bad property manager can neglect your property, overcharge for repairs, or poorly handle tenant relations, leading to unnecessary headaches.Which Option Is Right for You?

I plan to make 6 affordable residential units and 1 commercial unit in the existing building.

Even this is an incomplete list.Worst of all, the main reason not to make this loan is that you will not hold a first position-lien against the property.

What key factors influence your decision to partner with a lender for private money in real estate?

I know it's a balance of reality, values, and what makes one happy that guide our decisions.