They find and fix the deals and we sign the checks.The idea was amazing for people whose time is completely eaten up by our employers, looking for a way to create retirement with rental income.However, that is not at all what he did.In reality, he found the crappiest oldest homes ( more like death traps), that no other knowledgeable investor would touch, and upsold them to us for $20-50K more than they were worth, lied about the numbers, and charged us for repairs he never did.

What technology or tools do you recommend for managing private lending processes and client relationships?

Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?

Additionally, I’ve had several successful viral posts on Reddit that indicate a genuine interest in the concept.Questions for the Community:Which approach do you think has a higher chance of success in the real estate technology market?

Creating the listings are challenging, technology doesn't always make sense or work the way you would like.There are no metrics for your ad being clicked on.  

My confusion lies around the term "company applicant".  

The negative aspects out way the positives in most cases given our current technology (even for a primary residence).

I think you realize now that you hired a GC that lied to you.

I used to use some Schlage Connect locks that uses z-wave technology and requires Smartthing hub, but quickly found that one more device means one more hassle.

And whether they find all of these little issues or not, it will still result in thousands of professional fees and many hours of your time to deal with it.Then you need to look at the other side, if you are mis-stating your tax returns, you will also end up providing bogus numbers to banks (also not a good one to lie to), potential investors, potential buyers, impacting the value of your properties by over stating your expenses...Honesty is a great policy.