Expert advice is needed urgently , thanks everyone on bigger pockets for your support.

Welcome @Da-Rell Townes  I am new also but have found abundant support and advice. 

WHO will support that LOCAL economy in the future 5-10 years from now THE SAME people that live there NOW ... its a good example of HOW you cant throw money into it and MAKE it work 

Far more transparency should be mandated by regulatory authorities. 

The longer the holding period is just one way to help support your intent.

Twenty miles from SF, and right on the Pacific, Bolinas has a a lack of water to support more people.

The length of time that you rent it out can go a long way to help support your intent to hold for rental, but it is not the only factor. 

-credit check (you will be subject to regulatory rules ), but the point of hard money is that the asset being lended on is your primary security - you must be ready to foreclose   -paperwork for professional HML companies is more or less like a standard loan package with some different terms.  

I doubt you'll get many replies, but I'll pose this one question: if you are investing in real estate to secure your own financial future and not rely on others for support, why would you leave your security in anybody else's hands than your own.

And at some point, you will max out your available time, have to sell off to purchase more, or bring on other human capital to support your investment activity.