What is drawing you to KC?

Hard money typically refers to a company that has it's own underwriting guidelines, rates (9% - 15%), costs, draw process ect.

The Agreement should have a clause that buyer can cancel without penalty and with full refund of the security deposit if the signed letters are not returned to it by a certain deadline, or if subsequent tenant notifications materially change the economics of the deal.

In terms of the permitting process, an architect that can self certified drawings would reduce the wait time to receive the permit. 

The advantage with the bank was minimal closing costs, a good interest rate, and a draw system so I could get funding as I completed each rental unit. 

(This may have changed in subsequent funds, so check with PPR.) 

It comes down to factors like your area, your market, your experience, the team you can draw from and how mush you need to make to support the investment of time and capital. 

Looking to add some unique features as well, but some of the draws would be a hottub and stocked pond to fish from.

However, shortly thereafter, we began to experience delays in draws, mislabeling issues, postponed closings, and unreceived funds.

2) I bet you could draw that same or even more extreme graph for new car prices.