You just need to make sure you and the management company are aligned in your goals and understanding of who takes on what. 

That way everyone is aligned and incentivized properly.

We're almost to 2020 as it is, so we'll have some more solid data in the next couple years.There are several really great investment markets throughout the south and midwest, it's all about finding solid unbiased data and selecting the market that aligns with your criteria and goals. 

Just make sure their deals align with your risk profile and investing goals. 

On thing I'm curious about is how others define their risk tolerance... e.g. what strategies align with high, middle and low risk tolerance.

This is because they are considered higher risk loans due to the shorter loan terms and the fact that the lender is primarily relying on the property's value as collateral.Before working with a hard money lender, it's important to carefully evaluate the terms of the loan and ensure that it aligns with your investment strategy and financial goals.

In response to the OP:Maybe in some mathematic scenario in which all the stars aligned perfectly... maybe you'd make a million "wholesaling".  

But you have to trust that the person is capable and their interest is aligned with your's.

Consider factors such as your cash flow, emergency fund, investment goals, and risk tolerance.It might be a good idea to consult a financial advisor to help you weigh the pros and cons and make an informed decision that aligns with your overall financial strategy.

You definitely want to do your due diligence and have a expectation meeting and conversation about what you can expect out of them as a provider and what they can expect out of you as a customer.There are a lot of great companies here in Houston as I am a local and been doing this for over 20 years I know that yes there are some bad ones but definitely some good ones if you do a little bit more of a deep dive you will find certain names of certain people and certain companies come up in a good light and other ones will come up in a not-so-good light this is the time that you do your homework and do your due diligence to make sure that you were aligning yourself with the right type of people