To me, Private Lenders are Doctors, Dentists, Pensions funds and other business people who have excess capital and they want to invest in ongoing projects of some sort.

No money down deals are very plentiful if you have great charisma, and can network with your Doctor coworkers to pool cash. 

He now has his doctorate in theology and his wife is earning her doctorate in nursing.

As for cash flow there are a lot of doctors/lawyers/visiting faculty/medical residents associated with duke that are looking for higher end rentals.   

My doctoral dissertation was on mentoring and I can tell you that it makes a difference.

It is an attempt to circumvent the validity of the lien that a hospital/doctor may have.

I had one tenant, a doctor living in a B+ unit, take most of the light bulbs.

let us know how it works.. however just know Private investors are just that private you dont find them in places like this.. they are your doctor your dentist your uncle the guy you met at a meet up.. those are private investors any lender that advertises for deals is not a private lender.. there is a lot of air time on Sperber the clever investor and his Lambo LOL...

I spoke with my agent, my tenant wrote up the letter with the doctor document. ( which is i don't trust him anyway, you can always ask your doctor a favor, might not serious issue and they can always make it up). 

Your doctor or lawyer dont give you gifts, why should your real estate professional?