Airy is a well established neighborhood.

I have some properties I manage myself that I have  owned in my name for over 20 years and others I do not manage myself vested in LLCs and corporations in order to establish a significant layer of protection.

The interest rate given to a private lender is usually established up front and the money is lent for a specified period of time, anywhere from six months to thirty years.Equity PartnershipsIf your investor client can’t finance a property on their own, a good solution can also be to use a partner who can make the deal happen.

I'm in the same boat although I have a bit more ($68K) to start out with in a newly established solo 401K.  

Absolutely, establish your screening criteria.  

When I work my farm area, I go back to the same properties regularly to establish rapport.Also, when dealing with pre-foreclosure, many borrowers (particularly with certain banks) are getting strung along with mortgage workouts.  

The value is established when you buy, then decreases with deprecation.  

Once renting isn't any cheaper than buying, and now that some time has gone by and people are re-establishing credit and getting scores up, they may move into becoming buyers again. 

I should probably try to establish a relationship with a good investor friendly Credit Union anyhow for potential flexibility in the future.

In some states, this is impossible to do because the state has not established a regulated license to handle RTO for residences which you must have in order to legally employ and utilize a MLO*.