Not incredible, but fine.An out of state flip or flipping business, handled completely remotely? 

I'll use these next 20+ years to not only evaluate Real Estate, but other income sources (businesses) to see if I can find something.

I personally do not touch equity in my own home to incorporate into my business.

He also told me he is too busy to talk to me on the phone.  

In the latter case, I would still use QB to enter info provided by the 3P servicer and to maintain my general ledger for the lending business.

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Holding company typically if you have multiple companies like a property manager, own property and other businesses. you will end up spending more per year on accounting and state stuff than what you make on your rentals. 

Of course don't go there just looking for business, you go because you believe in whatever the group is doing. 

Specifically, must this be a commercial/business loan type where you have higher rates and shorter loan life or is there an alternative loan type? 

So yes, it's about knowing your business and being very specialized.