Just my personal opinion - get a mentor or a person who already has good experience running STR business, preferably in your area (but not 100% required). 

Sounds like the person knew what was going on with their credit report as they have filed reports in the past. 

(Keep in mind there are Fannie Mae maximums on the number of personal loans you can have - which is 10 per person.

How would you handle the pricing for these?

If you have, you have put yourself at great personal risk.Again, I recommend you get a lawyer as soon as possible.

We have a Chicago general contracting business, and handling the field operations is a ridiculously heavy lift.As far as finding customers I think you'll have some good success with gorillia marking at some of the local investor meetups. 

It’s a bonus if the bank offering the HELOC also handles BRRR loans — they’ll be more flexible and accommodating when it’s time to pay off the HELOC with a new loan!

I have known and worked with Matt for years.I have attended his training and hired him as a consultant.He is hands down the best at what he does.I have personally raised over $50 million for my hard money lending company.I am grateful for a lot of people who helping me with this success and Matt is at or near the top of that list.

As an Accountant and CFO with two decades of experience in real estate management, I’ve observed that landlords often handle things differently.

Personally, I self manage but have built systems to allow it to be fully remote and very passive.