This kind of creativity (or a massive pile of cash) is what's needed to "Cash Flow" in the near-term with a Boulder investment, but unless Boulder dramatically reverses course and halts the NIMBYSM that stops new construction in it's tracks, those who hold on for the long-term are likely to be highly rewarded. 

I have basically 1) rewarded poor tenant behavior 2) tenant has no eviction on their record making it more challenging for a LL to determine that the tenant has been paid before and seeing it worked so well is likely to repeat the same $hit.  

It's hard work but very rewarding.

Hi Maria,Finding, evaluating, and securing high-return opportunities in private money lending can be rewarding, especially for beginners.

I'm hoping taxes/insurance aren't part of the loan so that I can put some credit cards to work and leverage rewards etc.Also, I've seen 1st lien Home Equity Loans, but not 1st lien HELOCs; hoping that product exists, at least via credit unions etc. 

It can be very rewarding!

@Alex SilangAs someone who does lending I would lend on a long term rental over a short term rental 10/10 timesA STR is more running a business and always having to stay booked whereas long term rental is more stable.Higher reward available = higher riskBanks do not like risk

Partnerships are definitely possible and can be rewarding, but I would just make sure the relationship is outlined thoroughly and both members are contributing to the deal in some way. 

If the sale with wrap was a good risk/reward investment it will be profitable, dispite any “bumps” along the way.  

But you get to do it on your terms, and if you do it right, you get handsomely rewarded.