As long as the borrower is a majority member/owner of the LLC, and the payments are being made, the lender isn't usually concerned...they want their money.Where you could run into a problem is if the borrower leaves the LLC. 

Many interesting solutions but bottom line is that the vast majority of all tenant issues are created by one person ....the landlord. 

I'm still learning myself, but intentional education targeted towards your next move has proved to be a major confidence booster when making decisions.

It's because those at the top are taking up the majority of the mind share (analogous to market share for any business) and although these agents might be on Zillow too, they've already established themselves through the methods mentioned above.

@Luke SpoonerOne major problem you will likely have is both your hard money lender and your bank are going to want to be in a first mortgage position.

I thought HM .. well even with no sports teams Charleston is booming.. but its mainly inner city and newer construction..North Charleston that is were the airport is.. is transforming and I would see that being an area the article is talking about.. one downtown strip in N Charleston just since I started investing there has gone form board up to about 10 restaurants  a few brew pubs and brought inner city out to what was an area the locals thought of as a poor area.. 

Personally as a buyer I like that kind of a hurdle because it scares away the majority of potential buyers!

Any major road blocks I may run into that may not be worth the effort.

I am majoring in Civil Engineering.

For instance, you could face major legal issues if you accidentally (ignorance is poor defense, especially in the Peoples Republic of Illinois) charge a tenant more than what you were charged plus the state allowed fee.