If it is to manage property then hire more people, otherwise focus on what you're good at and hire a company.2) Hardin Realty & Property Management is a good choice because of our experience and specialty working with investors and maximizing ROI.

With that said, a lot of people take the cost-benefit, but no one can argue it's a smart choice, just a frugal one.

Most borrowers I speak to are just assuming that rates will drop off the table in a few months.

Perhaps it has something to do with the statistical average where in Australia, if you are borrowing 75% on property in the cities or suburbs, it is almost impossible to get positive cash flow ANYWHERE, whereas BP subscribers are aware that in MANY parts of the USA, the opposite is true.

Quote from @Virginia VanOeveren: To start as a private money lender, educate yourself on real estate investing and lending practices, define clear loan criteria, and conduct thorough due diligence on borrowers and properties.

One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental. 

The choice between the two would be up to your investing goals and what you are wanting to do with the property.  

If you don't plan on paying cash and have to leverage with an owner-occupied loan product then you should set up your LLC as a property management company because you will not be able to borrow in the name of the LLC.  

It’s worth exploring credit unions or lenders specializing in non-W-2 borrowers.

Regarding remote activation, my advice is first time you do this, make yourself a folder, save all the channels there, make sure you are sharing your folders via your browser of choice for easy access on the goGood Luck