As a side note typically I do not use my deferred tax dollars to invest in traditional real estate as the benefits (depreciation etc) are all lost when using a self directed IRA - My guess is build to rent will provide little to no cash flow to build the account - it will all be locked in the property. 

@David Putz I wonder if someone is maintaining a list of where all the servicers are licensed...I can't imagine that would be easy to keep track of, but I don't know how often they would change.Having a resource that has all the typical fee info and service states for each servicer in one document would be amazing.

Add this to smaller network and typically less knowledge for new RE investors.  

The challenge, as you’ve discovered, is that traditional HELOC lenders typically want the property titled in a personal name rather than an LLC.

In my experience, I typically call seller-financing "mailbox money".

The grass just looks greener.

Also, while you might have to put down 40%+ in some countries, it isn't typical and, again, it's not the case in some of the countries you mention. 

@Austin TessMany lenders have a seasoning period (typically 6-12 months) before you can refinance.

My savings was completely drained from interest payments and surprise costs I had to manage, and lots of little costs that at the outset I believed this guy would cover (100 to mow grass, every two weeks).

It does share similarities with annuities, but the structure is designed for a specific audience:Property Owners: Typically those who already own income-producing properties but need liquidity for renovations, debt repayment, or other opportunities.Investors: People seeking exposure to real estate cash flow without the complexities of direct ownership, especially those already familiar with stocks or REITs.Again, the idea of the model isn’t for everyone.