LTV & CreditEliminate the emotion and treat this like the business it is.In my opinion it does not matter who the borrower is as long as they have a track record of ATR (Credit)And I feel comfortable with the leverage (LTV)

If you ever need a second opinion of ARV's in The Springs, I work with many investors and could give you an honest opinion of values in the area. 

@Emeka Okeke, while it can be debated, in my opinion, by far, one of the more simplistic ways to take action and learn the ropes of real estate investing, all while mitigating risk, is to house hack your first deal.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Sent another tech from a different company to get a 2nd opinion.

The real pool season is 3-4 months, which also sways my opinion. 

In my opinion, both have their pros and cons and neither is 100% superior to the other.

Those types of things can throw curve balls but in my opinion, at the end of the day it wouldnt be worth much without friends and family and I understand his loss.  

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

You can also hire a real estate attorney off of UpWork or Fiverr to review the documents and give you an opinion just to be sure.