Only piece of advice I can give at this point is get acquainted with the relevant FB groups in the area.

It’s interesting, there are other threads on this board by some who are totally hung-up, asserting that there is some relevant difference between a private and hard money lender.

I house hacked to build my portfolio, and while the Portland Oregon market is different than Idaho, my experience and advice will still be relevant. 

With commercial property, you are going to get a loan based on the income production value, so cap rate is highly relevant. 

With it you can see the comps it is using to calculate its estimate so if they are not relevant you can discard them and if they are relevant you can recalculate on your own. 

I recall there being some things that were taken with a grain of salt due to the bubble and burst, so the second edition likely is more relevant. 

Have some of your wealth in RE, 401(K), REITs, international markets, crypto, bonds, etc...according to your relevant risk level but I think you can and should be invested in various different asset classes and markets. 

@Jay Hinrichs I thought this would be relevant to post here.

In essence, this would allow creditors to "pierce the veil" and seek recourse beyond business assets to owners' personal assets.The creditors may be able to establish that the organization is merely an alter ego of the owners.This may be demonstrated by making personal purchases with business assets.Making personal purchases from business accounts such as education expenses or daycare.Receiving deposits to owners SSN instead of the business EIN.Lack of documentation such as 1099-NEC's for amounts paid to contractors by entity.Thinly capitalized organizations.Lack of formal proceedings for some types, such as minutes from meetings or officer selection if a corporation.Personally guaranteeing otherwise nonrecourse loans.Paying personal and business expenses from one account.State laws are generally the relevant guidance in establishing the condition that allow for a disregarding of the division between business and personal assets, much of which can be gleaned from case law.In essence, avoid the commingling of funds.

Generally speaking though it is my understanding that "Buyer Beware" is pretty relevant after the sale.