And these things, they don't come easily or quickly.

You seem to be asking a lot of questions, looking for quick shortcut answers. 

.: @Zach Howardlots here but i'll tackle just a couple things quickly...

I just did a quick lookup on Bankrate for 2024 and for 300k of value in OK was almost $1k less than 300k of value in FL (4800 vs 5600). 

They are actively managing their properties, do their own recordkeeping at least once per quarter if not more often and are ready to go with reports and back up very quickly at the end of the year. 

And, there should not be a minimum number of payments or minimum amount of interest.Here's a quick recap of what to look for in a hard money loan.

Several factors indicate the company is not that concerned about efficiency or ease of customer process: the website, a process that seemed to focus on one issue at a time instead of all issues at once, and consistently poor communications and lack of common sense from the loan analyst we were assigned.It started off very well with the initial point of contact, Austin Lornson, who did a fine job of explaining the general refinancing process, responding quickly and thoroughly to our questions.

I recommend that you stay on the safe side and do send 1099s to your wholesalers.You do not need to send 1099-NEC in these cases:You paid the contractor electronically (more on this below)You paid the person a total of less than $600 during 2023Payments for purchasing all kinds of goods, materials, and property, including real estate itselfThe person who worked for you is a corporation, and you made payments to his corporation.

What pitfalls or challenges should I be aware of when scaling up quickly?

Quote from @Hamish Hill: Sadly Im also having a sub-par experience.I also went with RentRedi based on the BP pro affiliation.I'm on day 3 and still don't have my listing published.Support was quick to respond, though it was confusing as my first 3 emails were responded o by 3 different people.