Its usually best to go the permit route when adding bathrooms ect but comes at a cost time/expense wise.

It sounds weird, but you have to be careful how much you advertise so that you don't get a reputation for being "out of money", while at the same time networking with wealthy individuals/family offices/private equity.It's a little different if your approach is going to be only loaning your own capital.

It takes time to develop the systems and processes needed for consistent results.

Don’t waster their time.3.

Knowing your reasons can help people give you the best advice.I can’t think of a worse time to use preferred equity unless I think back about 15 years.  

Which one performs best?

I have participated in a syndication as a limited partner, but want to branch out into private lending, loans of one year or less. 

The more complex you want it, the more time it will take. 

Here is an excellent article on housing market expectations on appreciation from one of the world's top investment banking firms Goldman Sachs: What are some of the big differences you’re seeing among US regions?"

It’s my first time, my other unit just rented through Airbnb.