I lend as a 2nd lien holder (in Florida mainly) because the returns are huge but I am comfortable with high risk as well. 

@Becca F is a good example of that in her big post.Your better bet is to go after a really high quality properties--maybe not Cali--but other areas like Tennessee, Carolinas, pockets of Texas, etc., if Cali is too rich for you.

Typically high interest like 10%-14%, maybe more if it is a 2nd. 

I want to make sure my property is getting managed well and everything is taken care of such that I minimize vacancy and other tenant issues that would add additional cost and headache, but I haven't ever heard about PM fees being this high.

Deciding which software to go with depends on the type of leads you are looking for as well as data quality.

Generate a list from propstream of the kinds of properties you're looking for (high equity, certain size, location, age, etc).

Talk to some “high end” realtors and see if they have opinions?

Note not tax advice, this is more for the high income earner...Simple Scenarios: Using TurboTaxPrimary Use: TurboTax and similar tax preparation software are best suited for relatively straightforward tax situations.

If the cost is high and you're not getting sufficient ROI, it might not be worth the additional debt or investment.Tenant Considerations: Frequent repairs and maintenance requests from your tenant indicate that the property might be challenging to maintain.

Hi Hoa,- Hard money is fast efficient, expensive,  it has high rates and points and shorter term 6-12 months or less typically with extensions available- HELOC typically has no points but prime + 2-3% margin right now is almost the same rate as hard money and closing costs are a lot less than hard money and you can rinse and repeat and reuse it after paying it off so yeah overall its better than HML (hard money lending)Thats just the beginning of your research, the reality is in real life you might need both sources, make sure to have both ready and start with the best execution or option first and always be ready to use the others if the need arises.rehabbing is messy AF especially on older housing Illinois housing stock from 1895-1940's.