I am also a lender, with Chase Bank, but want to expand my knowledge on hard money and private financing options.

Shooting you a private message in a few. 

Does anyone have any strategies on how to a position a partnership with a private lender in order to start to obtain a Rental portfolio (with no out of pocket capital)

Our last deal we engaged a mortgage broker that also brought a Private Equity LP (Limited Partner) to the deal. 

As long as your primary residence on your drivers license is updated correctly and you fill out this new residence as primary application, it may be no problem.

@Jay Hinrichs“this seems like a mini private mutual fund..

I borrowed $110K from a private lender for the purchase and self funded the repair of the offices. 3 months later, I rented 6,000 sq.ft. of office space to a corporation for $21,000/month + utilities for 5 years with another 5 year option.

Many large private lenders will work with smaller lenders as correspondents.

I would like to think in a way that investment in general, and the real estate investment, start with a solid economic reason - "Why do you Invest, where you invested".To elaborate on below - Vegas is a great example where no real economic driver exists and when you invest there, you should be aware that is a highly volatile market (side note: i both 2 properties there in 2011 and 2012 and i sold both this year) and you should pay an extra attention and be prepare to reposition capital.It's clear, if you invest in Vegas or Orlando (just 2x entertainment cities) you will expect ups and downs and you need to position yourself with extra reserves and extra caution if you are planning to stay in these market for long term. 

They did have the equipment to do this, as the old park manager (from the old private owner) is on our tenants board, and he knew the system.