Funds also tend to have more fees which sometimes can be justified by the extensive track record of the sponsor (you get what you pay for!). 

With the 200% rule, can I identify more properties, than I ultimately buy or once identified do I have to buy all identified properties.Search extensively on line, all information vague.  

Ive driven Audi's, Mercedes, Porsche, and I've worked on cars extensively and nothing beats Toyota.

I know now how extensive animal contamination tends to be and that you often have to tear out the building material or seal it with shellac or oil based primer...

I also have an extensive list of properties with tax sales history that I can intersect with my neighborhood-specific information to focus on properties with a history of tax delinquencies.

That costs almost nothing to create, and will keep the name of your LLC (and by extension you) out of public records.

Your lender will require extensive financial proof and history before approving you for financing.

As far as being afraid of hml...a good hml will offer extensions or try to help you out if you get into some trouble and somehow can’t pay, since they will often lose money when taking back properties.

They can look closely at the deal with a trained set of eyes, offer extensions if you haven’t sold the property yet, etc. yes the interest is higher, but it’s interest ONLY so your payments may actually not be much more.

Make sure you have extensive restaurant experience before buying one to run.