They might be more open to unique property types and willing to take on loans that don't conform to the standard criteria of larger financial institutions.

I am currently using the FIRE strategy to become financially independent.

At this point i believe I will be the financial part of the deal, I will handle the DP and the mortgage/HML, he would handle the build (his fee is about 40K) and he has a rental management company as well, and they charge 25% management fee.Just for reference, I am a 60-year-old woman.

Understand your financial capacity to invest in a property and estimate your monthly expenses accurately.Kansas City is rapidly growing- lots of employment opportunities and housing demand.

Think of this for what it should be, flipping your "cash".Third, as your cash increases, take some (NOT ALL) of it and invest in cash flow,...the rest keep flipping, repeating steps 1 and 2,...and then 3 again, until you reach your financial goals.REI isn't a series of one time events, it's a system of continuous steps, all leading to a specific financial end result.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

The limited liability protection you are seeking is a legal matter, so no other profession that you interact with has a fiduciary responsibiliyt to care. 

So its sell the sizzle do the Amway you deserve to be financially independent of course you want to do this so you can spend more time with the kids  U know the elevator pitch.

Get an LLC when you have a lot of assets to protect.

That might not be the best use of your time if you don't have a financial background.