What is the advantage of using private money or hard money?

But even if they do, the tenant could still argue that I am the one who borrowed money to finance the real estate so i am commingled.

Hard money loan from Easy Street Capital How did you add value to the deal?

I wouldn't want to buy in a high crime rate, especially violent crime, area, but what percent is worth my time and money?

I could just continue working for my restaurant but I also want to spend time with my family more often.

His conclusion is that housing providers in those cities make enough money. 

Especially in a big money/high demand area like you're in.

For now this is based on trust (no contract between me and her) as we are very long time friends and for me is not really about making money at this point as I'm busy regardless, but more of a help to her.

If you are paying more than 7% on your loan you are losing money on a 7% cap rate transaction.I think you should look at this a little different.1.

Yes, you might make more gross income....but when you factor in the added wear and tear, repairs/maintenace, and increased cleaning fees....are you really netting more money?