If you are planning on holding it for a long time and aren't dealing with any outside investors, the cash on cash return is the main metric to track.

I chose crowdfunding because it gives more control and transparency and may be easier to track how the individual properties are performing.

In other words, it's a personal favor to you based on your existing relationship, rather than from someone who's savvy in real estate and loaning on the merits of the deal.I don't know of any list or software to tell a good private/hard money lender from a bad, but in general feel free to ask for a track record, other borrowers who borrowed from them and were happy.

Is there some website that tracks how fast the inventory for renting is going away in a particular area?

Try adding value to a proven syndicator.

Track your spending and see where you can cut the fat out of your budget.  

@Greg Pasquale, financing through your LLC would most likely hurt for these reasons:Financing will be more difficult as the lender will want the LLC to have a strong and profitable track record.You won't get as favorable terms since it will be a commercial loan.You're increasing your risk by exposing your property to your side hustle and your side hustle to your property.

The intent of the data is really just to keep a generalized pulse on the markets as a whole, as we are all in the same boat trying to determine which trends are most important to track, and what implications they'll ultimately have on collections, as well as the industry as a whole.I'm sure it's obvious to us all the higher the number of active COVID cases, the less likely that particular state is to re-open soon, as opposed to some of the other states with perhaps more of a "controlled" spread (Texas for example - while there are a significant number of cases, it is a small portion of the population and they have just recently announced they will be re-opening in stages).- I did consider offering a second data point as far as rent collections from the same period in 2019, but unfortunately that data wasn't easily found.

Google tracks everything you do on the web but you still use it.

It will cost some money every few months for the lawyer to re-submit the paperwork to track them down and garnish their check.