She saw me borrow and pay back a few hundred grand at high interest and wanted a piece of it...That stuff snowballs as people see you making money and doing things right.

.($232,000)1% was mentioned which at current rents puts the value at $285,000.To receive $300 per month cash at the current interest rate you could only borrow $225,000.

But I think that, Clearly, the best position a Private Lender can be in is a low LTV, 1st lien, they are very well protected, and this type of deal does not require you to borrow more than 15-30% of the ARV in most cases.

I live in a small town however so I don't know if Craigslist and other online sites have stopped newspaper adds.

I invested in my first property in 2012, and have had RE on the brain non-stop.

A "Flip Transaction" will require 2 appraisals (only 1 can be paid for by the borrower), and the lower of the 2 is used for calculating LTV.

I will be retired by August 1st of this year, so I would stop working in the AF around mid June with my leave I have saved up.

The house is directly between two metro stops both being a quick 5 minute walk.

How can I stop the tenants from just walking away from the lease, moving out, and not paying me anymore rent even though they signed a lease until July?

Although there is a lot of red tape and costs if you can use your own money or borrow some.