From what I've read, Turnkey Companies lack this essential element.

I’d do it bc im hands on , do repairs myself, and my job is typically flexible except a few times a year.

Admittedly I operate in the public eye a lot more than your typical landlord or real estate investor so I'll receive a higher amount of this type of stuff then most but most if not all landlords or investors are going to face this type of stuff everyday.

I have some cash I want to invest so we talked about how I could potentially be his lender for a flip.I've been researching what typical hard money lending terms are so that I would have a better idea of what to ask/expect from our arrangement.I have 3 questions about this:1.

My questions:How does financing typically work?

I typically create a new LLC for each rental property so it never has a financial history.  

Other than that, bank branches are typically good projects because of their locations and parking.

I've been procrastinating on doing this post, despite spending many hours reading through the site and listening to podcasts 1 through 45 as of today, constantly given the constant encouragement from Josh and Brandon that is essential to jump right in..

I did a "lease-option" with him where I essentially took over ownership and responsibility for the property as if I owned it.

There is not typically an inspection clause.....read the auction terms, talk to a rep.....do Not use their title co. for the “free” title insurance, it isn’t really free as they tack on a bunch of junk fees and their title insurance typically has extra exceptions in the B Exceptions.