There are some caveats we would need to work through; I have two brothers that technically each have a third ownership per the trust (this would work out to 25% ownership for them each based on the current math since I already 'own' [on a private loan agreement with my parents] 25%).

What I do like about them is that since they are a public company, and not privately held I do have access to information about them. 

My cash reserves are somewhat low and so I would like to learn more about the up and downsides of using private lenders and hard money lenders.

All though listed as Cash Only deals - you can still use non traditional financing, such as a hard money lender or a private lender.

I’m trying to do something similar with a ten unit complex, but my initial lender is private money who is willing to work as long as 10-15% of equity is in the deal.

Where are they coming from, if a private residence you could increase deposit for lack of rental history.

He's finding more properties than I can get qualified to purchase.If you're looking for commercial (5+ units) @Nathan Holsather is a good bet as well.If you're looking for someone who does value-add residential, @Jordan Moorhead is both a rehabber and an agent.

Myself with 6 inch thick tax returns and no NON commercial underwriter can really under stand them LOL  its frustrating no doubt. but it was necessary to protect the industry.as @Chris Mason  a great private RMLO is worth their weight .. we use one in Oregon for our deals here I would never go anywhere else.. been 16 years with same person..

Being from NJ, I can try to help you determine the area stats.Also, from personal stand point, as an MFH investor, I don't like to bet on appreciation.

Would a HML be my best bet on this property .......... as i may have a better chance for being approved to do most of the repairs , as well as Having the best chance of getting a loan for the property?