@Drago StanimirovicThank you for the abundance of information!

Verifying the use of the money and confirming in writing that it’s for a business purpose are integral parts of any private loan.

You will also need SOLID proof of mismanagement, not just being unhappy. 

Diversifying your portfolio can provide stability and growth potential, especially if you explore different types of properties or geographic locations.

Appreciate if anyone can provide a rundown of costs to expect with this type of transaction?

The cash I make from this is going to fund the first of many house hacks, BRRRs, mid-term rentals, and whatever other markets I find myself in.

Instead of teaching people to do what he did, he tells them they can build wealth with no money down. 

I am big fan of AI.

Originally posted by @Drew Sygit:You might want to read our series about “How to Screen a PMC Better than a Tenant”, since selecting the wrong PMC is usually more harmful than selecting a bad tenant: https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesdon't know the situation but a lot of what i see is round peg in square hole..

Do that for a couple of years and then you'll have all the systems and knowledge to start your own firm.