One additional thought is that most hard money lenders and private money lenders will require the borrower to contribute to the purchase/rehab of the property.

The fact of the matter is that no one's situation is really the same, so each person's ideal setup differs.  

Would love to sit down and have coffee with you and pick your brain.Would love to be able to have a mentor in this space as I start on a new journey in this Real Estate Investing World.Willing to work hard and take advice and act on it.Let me know if you know of anyone one or maybe you are that person.

Make sure you have your buy right criteria, and call them to go on a property tour to tour one of their properties.Especially since deal flow has slowed down, most brokers will look forward to meeting serious investors

If you're the first one, soft, tell them you're the PM but my advise would be to actually get a good PM.If you have the tough skin, no need to lie.

Market in a Minute
East Tennessee home sales declined 18.9% from the previous month, and decreased 9% from a year ago.The median sale price was $375,000 — up 7.58% from the previous year.Total housing inventory incre...

Just one for plumbing. 36k for a 1200 sqft home.

But this is an unpredictable one off event that comes about as auxiliary to one’s main activities.  

Or would it be more like a partnership where only one of us would need to show more than 100hrs?

You can double your money in one year if your property appreciates only 5%.