I'm not a huge fan of hard money lenders either but sometimes they work out.

Owners work out the compensation with the individual directly (typically around 10% of the revenue) and this generally reduces management costs from the standard (25-35%!)

@Will Smith @Lee Li feel free to send me a message to see if we may be able to help or guide you to a reasonable solution if that does not work out.  

I am currently looking at a property, still the early stages and may not work out, but it raised a good question.

Most of the time by the time I’m running an actual background check/credit check I’m pretty sure the tenant will work out.

If the numbers make sense and you can gain their trust, the deal will work out!

Someone who works out of state with fire and government jobs but maintains permanent residency in home state with intent to return on taxes, license, etc. What is the best way to appease underwriters with an FHA? They...

Have exit strategies in case things go wrong and always have a backup plan in case it doesn't work out.

But if  you break it all down yourself, its a negative CoC return and you are losing $......yes there are tax benefits, loan paydown, etc. but that still doesn't make up for the fact you are profiting 0, especially if you are investing in a cash flow marketIn the end, if you are just looking for places to park $$$ for the long term it may work out, but if you are looking to make an annual return on the money you put in there may be better ways of doing it.Just my 2cents on this, I'm not a big time investor like some of these guys and they are a successful for a reason.

Keep track over the years and see what properties which work out well and what ones are loosers to get rid of.