For the next to weeks I do not have primary income due to moving so I started working for this food truck place in Hawaii.

PE funds do not typically IPO on alternative assets (although RE doesn't count as one) bc they can source private and cheap capital.

When you get calls, meet them at the job, ask how long it will take to complete, if you trust them, let him start but watch that he is doing right.There are lots of folks looking for part time work to earn extra money (cash).Alternative you can go to Home Depot 6 am and talk to those folks picking up material for their job.Good luck.

Assume a loan of 318750 (75% LTV) @ 5.5%, 5 year/30 Am your payment is around $1800, which leaves you closer to $1450/month net or $17400 annually, which is more like 16% cash on cash - that also assume you aren’t splitting the profits, if that’s the cash it’s more like 8.2% CoC.Now as a passive investor one could certainly do worse than 8.2%, but this also assumes no hiccups (like long vacancies).Given your statement about not knowing how to do rehab, I’d be pretty nervous giving you a check for $100k, and as for the alternative option, you’d be hard pressed as a rookie to find a hard money lender that will give you 90%.As for other options, will the seller finance the whole thing for a short while while you bring up the NOI?  

Alternately mom rents a apartment or home and the money from the sale of the home go towards the rent.

I'm going to alternate between Durham and Markham.

I loaned my friend some tools and my van, to do the home repairs in prep for house on the market (friend lives in PA -and I offered this)Unfortunately, the van got broken into - vandalized :)He had a high deductible so paid some cash and offered for me to take the boat instead of some random tow truck company.

Has anyone considered this or another alternative to cut the cord? 

I believe in strategy diversification: asset allocation (index funds with a robo adviser), dividend growth (cherry-picked Dividend Aristocrats), and alternative assets (crowdfund offerings, which include private equity and real estate, that were available previously only to institutional investors and accredited investors).

I also have a truck, van, and a maintenance person.