How do hard money lenders that do not put them selves out to the public and lend only to 3 individuals I know that have LLC's.

Make sure to shop around for the best rates and terms.Find the Right TenantsOnce you’ve purchased the property, screen tenants carefully to ensure you find responsible individuals who will pay rent on time and take care of the unit.

Hi Sarah, i went to petscreening.com but it seems to only apply for property management companies, I'm a small individual landlord, do you know what proof i can ask from tenants?

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We are already surrounded on three sides by urban zoned homes.My neighbors and I have been approached by two individuals, one is a neighbor who is a real estate agent, and the other one a friend of a neighbor, who works with a real estate attorney; both individuals asked us to join them in working with the 5-6 developers they have approached.

If not, you can always increase the rent to market value, but my guess is it being California, there are limits to rent increases.There are rent caps but they do not apply to single family homes owned by individuals (not LLCs or Corps) 

I agree—most of these individuals aren’t paying taxes and aren’t typically aiming to own the property.

A lot of this type thinking is a result of the individual having no understanding, or conception of interest, principal or “the time value of money”.  

Each unit is individually owned, with some owners holding multiple units.A few things I’m trying to understand better:Pros and Cons: What are the main benefits and challenges of owning multiple units in a property like this with a condo setup?

If you are new, you want the teaching type.You can hire individual specialists in asset protection, legal documents, estate planning, and so on, but my belief is that it's better to get that in a training program focused on real estate investing by investors.