I too know that feeling of the daily emotional rollercoaster from day trading.

I put ALL my income in and then pull out what is required for bills once a month (the daily interest rate reduction is greatly accelerated). 

I Know if it looks this steep in pictures its probably about as steep as a cows face.no way to get up or down it if it snows. and walking on it will be a chore..

Don't hesitate to find home owners and mention daily to your network of friends and colleagues what you are looking for. 

A 500$/mo virtual assistant to post on BP marketplace daily, scrub buyers off linkedin, send email blasts, post on local FB groups, zillow, etc... 

I chose Tenant cloud over Cozy because I thought TenantCloud had more of a user friendly interface and I get emails daily about an upcoming rental we have. 

It's really prevalent across all facets of O&G and takes lots of discipline to be around it daily and not participate. 

He has approached me in regards to lending to him for a current project (already in the works, I would be buying out another lender who needs to cash out prior to closing).Proposed details are below:Purchase Price: $92,250Rehab Budget: $100,000ARV: $275k- $325KLoan Info: $70,000Interest Rate: 15% APR Term: 6 - 9 monthsMonthly Payment: $875 (Payment due on day agreement is signed monthly)6 Month interest: $5,250 (Committed interest amount, interest calculated on a per diem basis after 6 months)Daily Interest Per Diem: $29 / per day after 6 monthsMy question is, is this a good idea?

My wife and I have been looking at and analyzing properties over the last several months, we are looking to acquire our first 2 unit rental property with the goal of producing enough passive income over the next several years to enable to us to become financially independent from our daily jobs. 

Account ClosedYou are correct that you are going to have the interest for how many ever days beyond your last payment taken at a daily rate.Also, did you sign a funding agreement where they stated that there were backend fees?