If so, you open yourself up to a larger pool of candidates.

We do land entitlement so we control all sites and tie them up until zoning is approved. we don't buy land that we can't entitle first

 So when I get on Bigger Pockets, I use my iPhone.

That is why it is hard to get regular real estate loans on assets valued so low, the cost of the refinance makes it so you are paying higher than they can legally charge you percentage wise.

I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

Everywhere I turn all I see are pitches for affordable housing and the same (not so) compelling arguments regurgitated by syndicators, capital raisers, brokers etc. for the investment strategy....strong returns...lower volatility....supply (huh?)

So you need to ask yourself: is this something I want to do?  

I listen to podcasts and read books and have absorbed a ton of information over the years, so I'm familiar with numerous strategies, at least in concept.

So we opened up an LLC and he funded it with $100,000.

i fyour getting paid off when the vertical loan goes on.. then your in first position . so not sure what the issue is?