I don’t care much for landlord headaches.

If he is the only one lending he will be auto 1st lien holder and yes attorney will take care of that.

Run your numbers carefully and triple check.

If my guys and gals I fund want to use them I don't care I just don't want to deal with them.PS I like the car business if I was not doing this I would own a dealership... and I would finance sub prime auto debt.. big money in that these days.a few of my fishing buddies own big stores like Toyata and Chevey stores they as you well know make bank.. 

Sounds like you're way ahead of the game with your job skills - I wish I had half of those abilities to take care of our rental properties!

Your equity is reducing your possible returns not increasing your cash flow.If your father has no use for additional income he could leave it where it is and not care if it is impacted in a market shift or he could pull it out and invest in a income fund or a REIT. 

Patch of Land does, however, originate every loan offered on the platform so good lending guidelines and careful underwriting are responsible for providing investors with good, high yield investment opportunities.

Most people I've dealt with are generally reasonable and will take care of the invoice because they know they were responsible.

I don't care what an approaser thinks a property is worth I care what it is worth to me.

They are already taken care of.Travis Weitthoff said:"...One example and there are many, would be a private money lender with a first lien position."