Banks (and credit unions) want to put their deposits to work making money as loans.

You don't want to get a call 3 months into a project where you have lent money and hear the operator say that they ran out of money and need more money from you to finish the project or you will lose your investment.

I purchase the property in the name of the LLC with a hard money lender and use the money partners money for the down payment and the repairs.4.

Welcome aboard and best of luck investing! 

And how much money are you making in your current job that you would want to replace with your real estate income?  

My name is on the deed, but I don't have enough money to do what needs to be done.  

Where would a PMC get the extra money to hire more staff?

You should factor in time value of money and opportunity cost.  

Best advice is to partner with someone who specializes in investment properties in the Austin area.

Credit score- the higher the best. 760-780+ generally gets best pricing for investment property loans with most lenders.