Thanks Jon, I actually fat fingered that 10% down so there's a correction I need to make. 

It takes, at least I've heard a bunch of times, as much work or close to it to get a 12 unit as it does a 120 unit property.My initial thought was to go with SFH to more "quickly" get out of the rat race, i.e. get my cash flow churning and burning via bigger cash flow per unit, but if it takes about the same or a little more work to get a 25, 50, or 120 unit then why not do it? 

But like you said, you don’t want to completely burn yourself out slugging that out over the next 2-3 years and then just be STARTING your RE education and deal searching.

I was pitched the doomsday scenario of an electrician not properly wiring something, house burns down after I sell it and I get sued.

. - Is this a gas or wood burning fireplace?

Ultimately I am much more on the safe side of things because I've seen many people crash and burn from really simple mistakes.I personally run my investments through Texas because it has such low filing fees and minimal requirements for corporate compliance, then I use trusts in order to create the anonymity that people approach the WY LLC for.

I'm curious to know...have you ever renovated a home with wood frame, then been burned by finding out later on that it got infested by termites and/or wood rot and needed another remodel?

Burn the place down ?

Go with someone local that you know, see face to face, and most importantly trust.Hope this helps some.Ryan you may be late to the Do hard money threads.. the attraction of this company is that they say they do 100% financing etc.its hard to get info out of them but one lady actually posted how they do their deals.. with the no money down.. which in fact is not no money down since you have to pay 3k to even be considered for a loan.. however it appears at least from other posters that these are not loans like your thinking off. this is a quasi JV deal that most beginners will not really understand.. title is taken in an LLC the borrower and DHM own.. in the event of a default ( which not sure what constitutes a default) DHM simply removes borrower from LLC and they now own the asset without having to foreclose.. ( which i think is a perfectly acceptable way to deal with beginner newbies.the major heart burn you hear from those that have paid the 3k and never got funded is that the deals are never good enough. 

I've seen too many people burned lately, especially by those companies that spam craigslist.