Until you see the property in person the numbers are completely meaningless unless you have a working relationship with that listing broker for years.

They could work with an existing lender, do some marketing to help broker, get a cut and make FARRRR more $ with zero risk vs this EMD lending. 

Connect with local mortgage brokers to help you out.

Companies like State Farm, Allstate, or Chubb often come up in conversations, but comparing quotes with independent brokers might give you the best value.Since you're in a general partnership, it”s critical to clearly define liability exposure.

One thing I would mention is if you go the DST route, speak to an Investment Advisor and a Broker/Dealer.

At the moment, we are using American Modern and Sage Sure through our insurance broker. 

Hey Lauren, I'm a broker and investor up in Sacramento, and manage about 100 investment properties (mostly STR and LTR multifamily).

I'm looking to create relationships with wholesalers, real estate brokers, contractors, real estate attorneys and accountants! 

Its worth having your brokers license if you want to make money helping other people buy and sell.

call a few brokers and just see what their terms are.