A few things I contemplated when considering hard money:1) I shouldn't  compare it to traditional lending as it will never compete.2) Hard money is short term, generally 12 months or less, most times with simple interest.3) If the deal makes sense with 12.5% hard money then 12.5% interest is not too much............Just some thoughts.

I watched the movie "The Big Short" and contemplate if another crisis is coming this way.

I'm a newbie looking to find specific information on permits/ordinances/builders in the area for this type of property, and have been contemplating THOW vs a static tiny house.

I had been contemplating this exact issue of  renting non-conforming units.   

I see both SB9 and SB10 as the continuing assault on SFH and low density housing options.