Hello,We completed 2023 with Insite Tax & are hoping to find better services for the money.

Income verified online through borrower's source of choice such as bank statements, asset accounts, paystubs and IRS tax filing. 

Prices are high and with Hawaii STR taxes it's a lot tougher than first glance.

I like this method, but I've noticed more banks are charging hefty fees for these types of transactions.

Site selection, estimating/detailed budgeting, all labor/material/soft costs are an open book with no markup/GC fee, and i own all site management from groundbreaking to closing.- Total cost of these projects would range between $390k-$550K.

ask the tenant if they can wire it to your account ...offer to get  something  sutomatic  set up for them ...offer to cover any fees  that they incur ......what about apps like  venmo / zelle  etc?

Another thing to note on this loan is to be very aware of the fees you charge ie.

Unlike traditional real estate notes is something that is easy to do from afar since you do not get access to the interior anyways so there is nothing you can physically inspect.You are correct that you will get $500-$600 a month in payments but also recognize its taxed at ordinary rates... 

You would then depreciate this amount over 27.5 years, allowing for annual depreciation deductions on your tax return.

Tax effects are also key, as some investments can save you money on taxes.