I've been doing Private Money Lending/Partnering since 2021 which is very passive for example.

Used 0% cards and found private money to pay most of the cards.* Aiming to refinance with a rate-term dropping down to about $3,500/mo, so we could live for free.

The promissory note and personal guaranty are private documents that don't get recorded.

Advertising an illegal, non-conforming basement for rent, whether publicly or privately, out right violates local laws. 

So if you'd like info on this, then private message me.

For a passive route, private lending or investing in syndications/REITs can offer steady returns without property management.

In many states, an LLC can keep your name off public records, which is great if you prefer to keep your ownership private or avoid being directly associated with the property.Having an LLC also makes you look more professional.

Is the lender a bank/credit union or hard/private money?

I was able to lock in private money to purchase the first of the two properties with plans of doing a BRRRR.

And thankfully, by the time I needed to execute on those options and actually complete the purchase of the leased properties, I had developed some private lender relationships that allowed me to complete those 3 transactions and several more thereafter.