I want to learn how to find good deals and analyze them properly.

The proper asset allocation strategy for me would not work at this stage.

As you know, markets are local, so we need to have fiscal restraint at the state and local level to avoid a debt implosion.Secondly, when you give a developer money, he develops.

A new huge hospital was built just blocks away, new developments with commercial buildings and gas stations around the corner, other multifamily properties have sold 500K+), duplexes have sold 300K+, and also just a few streets over there have been some higher end condos built and sold.

Also, when you pay them off, you have to be very careful they release the lien properly or you have a cloud in your title.

If I formed a company to do it, it would technically no longer be Private Lending (proper).  

The lender sends an inspector to decide what work needs to be done, the GC does the work, the inspector comes back to make sure the work was done properly, then releases payment to the GC.

Contractors and developers where building spec homes left and right and not waiting for someone to buy them first before building because they would get sold the second they where finished.

I’m buying these homes long distance so that’s the best way for me to get an unbiased look at it.Over time I will develop a reputation for always closing when I go under contract, therefore that should help me with sellers.

These are typically built with some type of government subsidy or incentive such as tax credits for the developer in exchange for the leasing restrictions.