I send out check right away, but thinking of asking him to move to monthly or bi-monthly payments to streamline the process...Any thoughts would be greatly appreciated!

does this LLC you speak of own the property and who has signing authority you need to check that if you have it then sell the property and sue the flipper.

Are there duplexes and triplexes in the midwest that look great on paper, but that need tens of thousands of dollars in capex that is not obvious from a quick visual inspection, that will kill a decade of cash flow if not bought correctly? 

My 'due diligence' is just about checking out a 'single house.' 

Generally you want to get to at least $100k in loan amount with $75k absolute lowest for both hard money and DSCR - probably your best bet is to finance with cash or private money investor/partner on the first few projects until you build up enough capital to get to those higher amountsPS - you mentioned a lot of reading and learning on this, on the chance you didn't see this article, check this recently published BiggerPockets piece I did on your exact topic - Pros/Cons/Options of financing BRRRR strategyhttps://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Just another "spreadsheets aren't real life" reality check.

Check the rules in Honolulu, where there are specific guidelines.

Without checking the title yet, My question is, should I still possibly pursue it if under which circumstances?

Check out my personal favorite, Set For Life by Scott Trench , or The Total Money Makeover by Dave Ramsey.3.

Furthermore, some of them also accept traditional payment methods such as personal checks, certified checks, or money orders, which can be dropped off or mailed to their office.Property Advertising and Move-In ProcessWhen it comes to advertising your property, property managers ensure that it gets maximum exposure.