Once you understand LLC and irrecoverable trust would give you more harder time getting financing, then you start having second opinion, this is also true for what people hearing about this and that tax advantage in real estate and stuffs.

As for a lot of the "your returns will be better with more leverage" that is typically true if your unleveraged yield is higher than your cost of capital.  

sounds like you are on the right track - house hacking or BRRRR to jumpstart the journey is a pretty solid tried and true gameplan

Estoppel letters are signed by each tenant and counter-signed by the owner as true and correct.

@Jeff Sitti  I hope you are a true friend to this person.    

I am not sure it is true in either case.

Timeline ranges from 22 days in Texas to almost 12 months in some other states. ” The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)”I wish I can confirm that, but it isn’t true.  

Quote from @John Mason: True Having a solid team around you like agent, lender etc.

What is you guys best ways to find true private lenders not "brokers". 

If in fact that is true.