The other quesiton i have is if private equity is starting to get involved in this market, companies like Apollo & Carlyle, does that change your feelings about getting involved in the space?

Of course, with private lenders, you must give up equity or a return on the debt. 

How much private money have you raised within the last 9 months?

I will charge a rent of $850 for the other 2 rooms and $1,100 for the basement (because it's more private with it's own bathroom).

My rentals are in Denver which has strict late payment laws and I was able to customize the late payment options to automatically apply in the right timeframe to abide by the laws and also not accept partial payments which I very much appreciate.And if you’re curious about Baselane’s 2-day quick pay features or have questions, feel free to ask!

However, I got into real estate mostly relying on OPM - private lenders, seller financing, and business lines of credit.I also don’t like the idea of buying turnkey properties at a premium.

So property is private.

Oh and I am currently submitting various properties in Los Angeles to private and hard money lenders.

I have a potential private lender, but I need to determine if this is a viable investment opportunity and explore the best financing options You posted this same thing three times - in two it was a 36 unit and in the third a 32 unit.Do you have any other details about the transaction or perhaps wish to share your initial analysis so the volunteers here can poke holes in it or tell you why you're right?

I remember reading about lots of trouble with private REITS.