Curious about their fees too (they actually loan through coastal community bank). 

Have you ever had difficulty getting a loan with poor credit? What alternative funding options did you explore?

Also, since you won't know the actual condition of the property, you'll need to account for that in your offer.

But I'm sure the many people who have lost money there won't be so eager to brag about it!

Has anyone actually been asked to make their units lead safe?

I actually only have experience from the consumer side.

When I first started my real estate journey in 2018 and started listening to BiggerPockets Real Estate podcasts, I was only familiar with Cash on Cash return.Once I actually entered the game in 2020, I quickly realized that there were many more calculations to take into consideration:ROI - Return on InvestmentROE - Return on EquityIRR - Internal Rate of ReturnEM - Equity MultipleCap Rate - Capitalization RateCoC - Cash on Cash ReturnAAR - Average Annual Return(I’m sure I'm missing some)I still struggle to juggle all of these calculations today.Developers, syndicators, flippers, etc., will all have different preferences.Which key calculations do you prioritize on when analyzing your deals?

I also was thinking about doing a hard money loan.

Being able to enter a property with only 5% down means you can leverage your money way more effectively as well.

I’d probably need money for a down payment and more money for rehab as well.