I want to automate as much as possible while keeping a personal touch.4.

I am really looking for the automation portion of sending them invoices, applying late fees. 

Something more automated?

@Chris Clothier I agree and was also going to point out that one of the biggest TK providers on this site-you - are never found advertising, rather you provide solid and valuable advice instead which in turn, likely brings you the business.We are working on finding some automated ways to both deal with and educate users and hopefully that will help.

You have to be willing to automate everything and able to find and keep good businesses to partner with (PM, Bookkeeping, CPA, Attorney etc...)  

If you put a debt instrument on a piece of real property you need to be licensed.. unless you are doing it as a retirement hobby there is usually some exclusion for a few a year.If this person wants to go into the business of doing financing then that requires licensure.although most transactional that happen same day not sure those need licensing since your not loaning money just moving money into an escrow and out. .but it oculd be in Ca.

other than that it sets you up for other ventures on RE, ...In conclusion , it might be annoying for you , though a lot of people are making money and most are not even directly connected with the actions, meaning is part of an automated process that ultimate turns out to be a numbers game. in which it passes to a funnel until they get a qualify lead, over all it means you are not a qualify deal  and the scheme of things of all is really nothing and it adds up to cost per acquisition.  

If it were legal, people would be doing it all day long in other investment instruments.- You don't get any rewards for leaving equity locked up in a property. - A paid off mortgage on your personal residence is not a return at all but a liability, at least until the point you sell and that assumes appreciation that outpaced inflation.

The Buyer/Borrower has similar rights to those in a standard security instrument (mortgage/dot) and a right to redeem must be afforded.  

If it was a long term play, I may want a non-recourse 30 year fixed loan instrument.