I have known exactly one in my 10 years in the business.

It has the bonus feature that you can see private offerings and message the sellers directly.

This arrange that you will have will likely be a headache(major assumption on my part).First - Do not do business with a friend. 

If private companies continue to provide the insurance, I suspect we will see further increased premium costs which will need to be reflected in the rents tenants pay (all tenants: LTR, MTR, STR).  

I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.

@Chad CutshallI can't answer for them, but their website doesn't indicate that buying/reselling notes is part of their business model.

Collection agencies cannot report to credit bureau if the  landlord is a private landlord.

The local who lives there but commutes 30-60 min to another community because they can’t find a job to support their family in their town.That same local knows that a 4plex would be great on that lot that’s been vacant for 20 years and that there are at least 4 families who could benefit greatly from that development.That local knows that Ryan’s plumbing and Katie’s electrical companies that service 75% of the town really needs a new flex space to use as a shop, storage, and parking for their business so that they aren’t working out of their garage and can hire a couple of locals to work with them at the office and in the field.Development is different in our small towns but if locals aren’t the ones doing it, and developers aren’t coming, what happens to our kids futures?

Private Money Loan: Private lenders might be a flexible option, especially if traditional routes don’t work.

This is really going to depend on the state you are looking to do business in.