I've listened to the podcast and knew instantly that was something I needed in my life.

Once your tenants figure out there is not instant gratification that when they submit something to you it takes 3 days for a response and then it may take 2-4 weeks to address the non emergency item they will automatically start self-limiting their contacts with you, their personal 'emergencies' will get second thoughts and ultimately likely not be contacting you about them because you have stopped the instant gratifications.

Usually the realtor with contract in hand will then see it through and provide the info and the seller who sees his/her potential sale and his upcoming pay day are much more likely to accommodate.

I was instantly enamored with the idea and after showing us a few multifamily we bought our first home.

Now you have an instant equity of 45K.

I'm not promising my investors any instant riches and they don't really care too much about that.

You don't have a down payment you have paid expenses.You need to get away from thinking that you have instant equity based on what a property might sell for, that's guru accounting.

With respects to the hard money lenders out here (who do provide a needed service to people -- like payday loan companies), I'd try ANYTHING else first.

Mind your p's and q's and you can make it happen.BTW no one said this business was easy but walking away with $50-$100K tax free is not a bad payday. 

If you can find a reasonable way to get it permitted, you just built instant equity in the deal.