We have two small kids so far and I’m hoping this venture will help create a financially secure future for all of us independent of my full time job.

He has essentially no investing advice besides save, and then invest in mutual funds, which are statistically terrible compared to ETFs, but you can't get paid to refer ETFs so he sticks with mutual funds.He just isn't really applicable once you know how to save and have a basic idea on how to invest. 

I have a great connection with an independent contractor and a decent amount of capital for a start up.

@Jonathan Greene So the thing I really enjoy about real estate is honestly the potential cash flow and financial independence it can offer.

There are lots of statistics I have for more in depth review of this subject but the question I have is this.

Statistically borrowers will re-default in 24-36 months, with $5-10K skin in the deal, that's a good deterrent. 

I am 21 and about to graduate college and I have had a passion for real estate investing since I was a freshman in high school because my dad showed me how amazing it can be to gain financial independence!

I just heard a nice statistic the other day that said 1/3 of America rents.   

I am an independent contractor.

What do you think about sending the note holder an independent account's determination of the numbers along with or just after the payoff request?