For new investors with limited capital, a hard money loan can be a valuable tool to get started.

Thank you all for your valuable insights. 

However, in my opinion, since you are a new investor, completing a successful transaction and allowing yourself to gain experience by getting a win under your belt is more valuable than the Return on Effort itself.

I think that could be much more valuable than @Adrian Clapp's link that pertains to commercial property from someone who clearly lacks understanding of the metro area.

Best case is they get a free meal and walk away with a lot of valuable information.  

You've given me some very valuable action steps to figure out what works best for my position.

Clubs and Associations: Are there any clubs, associations, or networking groups that you found particularly valuable for connecting with potential borrowers and other industry professionals?

Having phone conversations and making sure that your screening process is on point are much more valuable.

I'm still looking for a general contractor, but I don't have regular deals to make a GC's time valuable when estimating each job.

These will most likely be used the hosts your connect with or can be introduced by you as a great selling point for why you are valuable.