With some hard money lenders you will be paying a rush fee to get the appraisal and other documents done in time.

Failing that the property can be deeded back to the original party, and the lending institution may be satisfied with that.  

It’s not so much a cap but by the time lenders add in all there fees, origination fees, doc fees, etc it ends up feeling like a 20% down payment to close instead of 10%.

One charges a one-time onboarding fee and lease renewal fees, while the other two don't.

Originally posted by @Ben French:Is anyone here familiar with note investing in Canada, specifically buying non performing notes (ideally in large metro areas)?

If you have a lLC, you should have something otherwise when/if you are sued, you'll go broke in legal fees defending your LLC, even if there is nothing in it. 

Originally posted by @Chai Jonn:@Devang PatelI an in the same boat!

Pay Near MeI dissuade in person payments by adding a fee to my leases if I need to physically collect rent and if they give me a check or money order I use mobile deposits to avoid a trip to the bank.

Originally posted by @John Underwood:You don't need a co-host, you just need a good cleaning service to handle turnovers. 

Originally posted by @Michael Carbonare:Yes. that's precisely what he's selling.