I also want to avoid the insurance company issuing out a payment in both the names of the Lender and property owner .... which could lead to a dispute.For context, I lent money privately to another investor, who put up their non-homestead property as collateral.

makes it easier  agree with your other thoughts.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!

I have used Obie and Proper; I haven’t had to make a claim with either.

If there are 10 investors, you best believe some of them, if not, all of them will be on top of it to make sure that all the money put together is working for everyone.Once you do that, you will be open up to more opportunities that you might end up buying the properties yourself.

These groups "find the deal" by raising money for other operator/syndicators, they market themselves (often with tag lines on LinkedIn of: I help busy (fill in industry) professionals create passive income through real estate),  They raise money from their own network and funnel it into a syndicators deal for part of the GP ownership.  

How to secure private money or a JV deal to make it happen. 

That way it makes it easier for you and your accountant to make tactical decisions. 

They seem more interested in making money for themselves and their contractors than in making money for you.Here are some issues highlighted with them:1) Communication: - Communication becomes extremely slow after signing up with them.

There are so many ways to make a mistake during the process and so many ways to leave money you’re owed on the table, especially with loss of income claims.