Each hard money lender has different risk tolerances, rates, and fees.

Though, I presume your risk tolerance is sky high...best of luck.

If you have a short list of markets you want to get invested in, I guarantee they are each very different and each have their plusses and minuses that will effect you very differently depending on what type of investor you will be, risk tolerance, your strategy and goals . . .

The answer to this really comes down to your risk tolerance.

Use specific questions to gather vital information such as investment goals, property preferences, budget, experience, risk tolerance, timeline, and specific property criteria.

As my friends above know, I've done a number of these and have successfully obtained three court orders giving me marketable title, so far.What's your tolerance for risk?

I don't think that spread is big enough for my risk tolerance.

You may have to put off some repairs/upgrades/maintenance (or use a credit card) but you wouldn't need your card to make your mortgage payment.At the end of the day, it's all your risk tolerance.

The new one is much better a handling the property now, still not perfect, but with the increase in income I can tolerate the small things much better.  

But neither me nor my property manager are likely to tolerate lower range tenants well either.