make sure you clearly define roles, capital investments, and obligations for ALL potential scenarios so that you're on the same page about them well before they potentially arise. 

Although they may be on the same page when starting out, so many possible disagreements or unforeseen circumstances could arise. 

Will you have the time, resources, and mental commitment to dealing with tenant issues, maintenance, and other unexpected challenges that arise with property ownership?

This might strain the schedule for your project.Risk: Significant financial losses, including the possibility of losing your property in the event that you fail on the loan, might arise from a repair and flip project gone awry.Due Diligence: To make sure a hard money lender is respectable and reliable, it is crucial to carry out extensive research and due diligence before selecting one.Before proceeding with a hard money lender, consider your financial situation, risk tolerance, and investment goals carefully.

However, for a landlord who has things together, they are better off budgeting for capital expenses and maintenance and having some reserves either in the form on savings or even an open line of credit to access in case a significant issue arises.

You are better off budgeting money for maintenance and capital expenses and keeping a reserve in case issues arise faster than your budgeted money gets socked away from incoming rents.

There will be a rise of flat fee or for service brokerages and brick and mortar offices will become much less saturated. 

If a  title claim arises later (e.g. a long forgotten relative of the seller shows up, or a lawsuit on the whole subdivision because of the wrongful foreclosure on the land before got sold to the developer that built the house 20 years ago) you'll have no title insurance.So, @Matthew McNeil the question you want to ask your title company is "what happens to the title insurance when you transfer property with a quit claim deed"?

Owners often view their multi-unit property as one entity, which can lead to frustration when issues arise.

Hi Craig,When considering using an All In One (AIO) loan—similar to a Home Equity Line of Credit (HELOC)—from an investment property for renovations or additions to your personal home, several tax implications and practical considerations arise.