Often times those who enter the alt lending space wind up with novices as their customer base with poorly located collateral and limited experience.  

I have been editing based on a state-specific lease template which contains 15 pages.

Learn and then scale.My advice: Don’t look for the home run deal, look for a solid line drive base hit deal.

@James BingNetworking at the local RIEAs and Facebook groups.There are a few power players in the area, deals flow has been low these days, and lots of non deals being floated about.Generally here is how the priority list goes and its based on ROI:1.

These scores would vary based on the type of investor (flippers, buy and hold, etc) and different weights would be give to certain variables. 

I know that much of it is based on personal risk tolerance but any advice would be greatly appreciated. 

OBX is a great place, but it will take a very long time to be cash positive based on its current pricing, management fees and the short season.We were going to also use it during offseason but its just a pain to get too.

My wife's even planning to camp out there for a couple of weeks to make sure things get done right as we are based out of NJ, so time's of the essence.

They may be able to give you some input and feedback based on their experience. 

That is, these returns are projections, based on our analyses and best guesses, but they aren’t guaranteed, and there’s always risk associated with any investment.