I got duped into sending $10K in the form of a wire transfer to a person who was acting like an individual from the title company. 

All units are individually metered.The goal is not to actually operate the ALF.

For individuals who have used a low fee custodian, what kinds of issues have prevented custodians from providing consent to the owner?

If I formed a company to do this, could this even be considered "Private" lending anymore since it would technically be the Company doing the lending and not my private individual self?

OK, so I know people talk about this all the time and everyone has their own opinions, but two separate individuals that I highly respect in the real estate field told me that mortgage rates are going up by the end of next week.

You may be able to find a private money individual who can move a little faster but there are a couple other parties outside of the lender that also cause delays.

Together, we're a great team and individually we cover each other's weaknesses.  

Bad debt shows a sign of financial weakness in a individual. 

Im always up to meet new like minded individuals

There are many people that speculate or are interested in Real Estate but don't have the time or expertise to find and manage their own deals, a partnership with one of these individuals may get you to where you need to be.