@Don Owens My 9-5 job revolves around Indiana water regulation and well installation.

Quote from @Radhika Srinivasan: :) Yeah, I started off around Reno,NV & Tempe, AZ, but I think the median prices look way higher, so I am beginning to look and research around the areas of Fort Smith, AK,  Cleveland, TN and Ownsboroo, KYRental regulations in Ohio can vary a lot from city to city, with Cleveland being the most heavily regulated.

Understand the basics of private lendingResearch real estate marketsDetermine your investment strategy and criteria for loans, including:- Amounts- Interest rates- Repayment termsCreate legal documents with a lawyerNetwork with real estate professionalsPerform due diligence on potential borrowers and their projectsBegin with smaller loans to gain experienceMonitor your investments closelyConsider joining a private lending group for additional resourcesStay informed about real estate trends, lending practices, and legal regulations

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

I'd love to utilize their expertise when assessing a property since they are local but I'm not sure what the general expectation is when I don't have a tangible property and I have not entered into contract to work with them yet.Some questions I have are: local regulations/permitting timeline, property's potential from their perspective, landscaping/amenities cost estimate (they also help facilitate this).

One lender I have spoken with stated that the DCSR loans are not regulated. 

Quote from @Andrew Steffens: Usually there is not a way to "get around regulations". 

These carriers are not profitable in CA and CA laws and regulations do not make it easy to mitigate these financial struggles. 

I think you are best served to get the best advice and that is what will make your business work much better than the ones who don't care about the regulations.

One of the concerns would be, how long would this last until regulations catch on?