., you should be able to see if a deal pencils out for you.

Howdy all,My most recent deal was a home run mortgage note origination.

As Chris and Justin note, the old adage of "vet the jockey (sponsor), not the horse" does not work anymore.While the sponsor can definitely screw up a deal, investing with the "best" sponsor is bad deals is a more surefire way to lose money.  

BP has various tools to help you analyze your deals (rentals, flips, wholesale, etc). : https://www.biggerpockets.com/investment-calculators7.

Have you ever partnered with a private or hard money lender for a real estate deal?

No W-2 limits.There is an excess business loss limitation, but that's $578,000 for married filing joint taxpayers.

They said they are 10 days late and counting , I posted that yesterday after the close of business  , so today is day 11 . 

I've heard of:1) Flat % returns for each month2) Equity in the deal in case investor can't cover monthly payments to investor3) Lump sum return after project completion based on agreed % of money lentAnyone have some thoughts here?

With $260K of equity to work with, you have tons of options to buy better deals.

Even after I start flying again I will have plenty of time to persue (and close) real estate deals. .