My primary home, if sold, is prob worth around $2M and we only have $700k mortgage so tons of equity not being used.

It's been worth every penny!

Provides an option to convert to a fixed rate, which will be higher than the typical rates.

So yeah, maybe a few hoops and city want's a remote investor to use professional local management so city knows no BS is gonna go on, and I agree 100% because that's honestly the intelligent way to go about it, and it's worth it. 

For instance, hard money financing typically requires a lot less down compared to rental financing.

If it's a primary residence (house-hack) you can go as low as 3.5-5% down but these loans typically require the residence to be in a decent condition.

It's worth mentioning that these deals are not consistently listed online or in real-time.To succeed in this field, it's crucial to build strong relationships with brokers and ensure that you are always on their radar.

If there’s an electrical issue, it’s typically up to the landlord to fix it.Heating and Cooling Systems: The landlord is responsible for maintaining and repairing any installed heating and cooling systems.Appliances: If the property comes with appliances, the landlord is responsible for repairing them if they break down.Safety Repairs: This includes things like smoke detectors, carbon monoxide detectors, and any other safety equipment the property might have.Remember, these responsibilities can sometimes vary based on the terms of your lease agreement, so it’s always a good idea to clarify these points with your tenants.

Hard money lenders typically focus on the property's value rather than the borrower's creditworthiness, which could be beneficial given your current Chapter 13 bankruptcy status.

I have less than a decade worth of Real Estate Investing experience.