I'll make a long story as short as possible:> House built in 2008, first owners used husbands VA loan to secure (220k loan), stopped paying HOA and bank shortly thereafter (current payoff 500k+). 

Can they prove how long it takes to rent a vacant property?

Regarding an attorney, it depends what you're looking to speak with them about - i.e. entity structure, partnerships, property acquisition, contract terms, etc.Anything related to a property or a deal can wait until the week of (sometimes the day before) contract review.For starters, I would recommend attending local investor meetups.

I answered some of your question in this blog What Rates And Terms Should You Expect From Your Private Lender?

Are better terms available for owner-operated restaurants?

I am pro coast CA market but no one that I am aware of claims it is a good cash flow market in the near term.  

Also, if they require a full appraisal on a short term loan, that is an issue as well.

Ideally short or long term rentals.

There was so much appreciation during the pandemic that it will take years to settle back in line with long term trends.

Prepayment penalties- usually 1-5 year terms.