Stay away from the lower income areas, typically we see properties more distressed, more challenging situations with tenants and late payments etc, we manage around 400 units and from experience its worth spending a little more money to be in a better part of town with more qualified tenants.

The earlier you recognize this, the better off you will be in the long run Exactly this is the kind of borrower that is a freaking nightmare and I personally would not even engage or write them back..

@Samuel Choi, PropStream is likely your best bet if you don't have access to the MLS, but you'll have to pay for a subscription. 

Present a couple of real-life scenarios where private money lending transformed real estate deals.

We hear a lot about hard money lending, utilizing the BRRR method for holding properties, etc.

He even attached a bank statement that had $13 million in his account as "proof of funds." 

Hello BiggerPockets Community,As a private money lender, I've seen the transformative power of fix-and-flip projects.

I’m interested in doing long term rentals using the BRRRR strategy, but curious to learn what others are doing.As mentioned you can do a BRRR but do not expect to get all your money out of the deal and have it cashflowing.

Or even I can sub contract work out to other companies and bill it via my own company name.

People typically invest in what makes money!