He makes his money on the difference of what he charges you and what the subs charge him . 

@Mark CotterRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.When investing in areas they don’t really know, investors should research the different property Class submarkets.

And there are many other things I would have done differently as a result and benefits I'd have enjoyed. 

I'd think this situation is no different residential RE. 

The more info you can give to your guests and the more transparent you can be about all the different and unique aspects of your property or hosting style will pay you dividends. 14 - Dishwasher!

Account Closed We're on the east coast, so there might be slight differences, but I've chatted with some folks over in your neck of the woods before and it seems roughly the same.This is our breakdown of how we find tenants:1.

Especially since everyone will have a different opinion.Here is what I would do:1.

Yeah, we are going a different direction. 

since then, I have made offers in a different market (~6 offers) that would be only ok purchases (apparently not following my own advice, but it is a new market so I do not have the opportunities that I have in my market) but none have been accepted.  

Most states as a private lender you do not need to get a license as you are not lending to owner occupied homes (that is the key never lend to owner occupied).The  reality is as a HML the return you get compared to investing passively in a private lending fund is not going to be very different.