your deals his dollars has been around for decades.. as long as you pay him up front.. there are not thousands of investor just clamoring to do business with newer investors who have little training and no capital :)  if your in LA and if you have no already go to some of the FIBI meetings Jeremy Roll puts together they are the real deal. 

I would say alternatively a personal business LOC but the origination charge of that alone could be 9%.

Well diversified business base, a university, access to good transportation, a strong workforce and affordable housing.All of those add up to a good long-term investment formula.Let me know if I may be of assistance.Paul. 

Regardless of that fact, I am well aware of my duty as a Real Estate Agent and the duty that I have to clients when entering that business relationship.

Since you mentioned the house is suitable for professional roommates or a family, you might also want to reach out to local businesses, hospitals, or universities, where there may be potential tenants looking for housing options like yours.Lastly, feedback is invaluable.

It's the cost of being in this business. 

It would be nice to make some connections on here and hopefully help each other build our businesses.

We pay too much for housing, material, taxes....Flipping is definitely a great business, but in LA, there is too much competition and very low inventory. 

I operate a home services business specializing in property management, renovation, and general contracting.

For example here in St Augustine, most of the year is steadily busy.