But I would really like to get feedback on any relevant points from those of you with experience in working with other investors and raising private money (e.g. action/awareness items for a newbie).Also (and this may sound strange) but how do I make money in this?

Make sure the condo has enough in reserves to not need a special assessment for items like new roof, siding, parking lot repair, pool house, etc.  

You can still borrow in your LLC name, it just won't be a traditional mortgage. 

A large reason for the higher fees over traditional management fees are the taxes that have to be paid when doing short term rental business.

This method or tool will allow us to place a resident in the property who for whatever reason can't qualify for traditional financing yet, but would like to enjoy ALL the Rights of Ownership yet avoid all the inherent dangers of Seller Financing Schemes such as Sub-to, CFD, AITD, Lease Purchase, Lease Options, etc.

But I want to be able to list homes the traditional way from leads I get from my marketing campaigns.I want to be able to tell callers, "hey I put your house under contract for 30k and find you a buyer in 30 days or less, or I can list the conventional way and possibly get you 45k if you dont mind waiting and paying closing costs"what do you guys think?

Show the combined repair costs for items to be replaced or updated along with the contractor's cost with your cash offer amount. 

So does it need windows, doors, siding, an enclosed carport to garage, drive way, updated kitchen or bath, basement fixed, roof fixed, Any repairs and costs if you ask me should be itemized.

65th Congress  should be okay area3/2 or 4/1 rent estimating without viewing property $1,000 through $1,100 via traditional tenantsor more importantly section 8Definitely asked your buyer agent to run cma for this propertyGood luck

Because hard money has not been standardized like traditional mortgage lending, there is a wide difference between one lender and another when it comes to service standards.