I know Praxis has a smaller debt fund (although I didnt like the returns or overall size), Ive chosen to stick with Brian's closed end Fund III.

The words chosen in the last paragraph completely betray a mindset fouled up by Fox News and other angry propaganda, like a bunch of latino carpet installers are "abusing" roads and law enforcement and welfare by driving around and working.

So we have chosen RE as the vehicle to get us there.  

Before I ask what they're looking for in a house, I ask them if they've chosen a lender.

I'm in that situation right now: all of the multifamily options in my chosen market are "bad".

Which title offices were chosen.

So I suggest you raise the bar a bit regarding the neighborhood you select in future (but still aim for the same sort of discounts).I find it "interesting" that you've chosen to borrow up to the hilt on your own primary (which generates no income), but are happy to splash cash all around for your investments.Many would suggest you try to redress the balance somewhat, sooner than later.

Honestly, there are a plethora of RE strategies out there, and it seems like you've chosen a couple: Buy and Hold Multifamily and Note Investing. 

I think you've chosen some interesting markets there as well.

We have not chosen which specific type of property as yet that will focus on investing, as stated before VERY early stages.