Here are a few tips to help you:- Market Research: Study the local hard money lending market to understand competition, typical loan terms, and borrower expectations.- Loan Structure: Define your lending criteria clearly—interest rates, LTV ratios, fees, and terms.

He is always helpful and accountable,  shoveling snow alongside me on winter days, keeping me informed about issues as they come up, etc. 

My contractor initially laughed at me, then found it was helpful when he used it.

I'd probably use local realtors to help re rent any vacancies and then possibly use a PM software like rent redi to keep everything in one place.Has anyone had management in place and then decided to opt out to self manage?

When additional risk is priced into the cost of doing business, it increases the cost of rents for the marginal tenants these rules are attempting to help.

I love reading and listening to podcasts about entrepreneurship, self help, and business.

Having an end number/goal in mind will better help you know the next step. 

Why put effort into providing a product that (a) your tenants may not want, (b) increases your workload, and (c) doesn't line your pocket?

Local grants and first-time homebuyer programs can help minimize upfront costs.

Hi Cliff,Here are some things to consider:Liability Protection: One of the biggest perks of having an LLC is that it helps protect your personal assets.