I've personally worked with a handful of "investor-friendly" lenders, primarily on DSCR loans in recent years, and each time I've run into significant delays, lack of transparency about the process, have been fed the requirements in a piecemeal fashion (every few days there's a new random request rather than having it all organized from the start), and have even run into lenders who were substantially misinformed about the real estate industry or the laws that govern it on both a local and federal level.I think there should be a better site to encourage accountability by tracking how long it actually takes each lender to close their loans on average, and what unexpected hurdles investors encounter when trying to work with them.I can't seem to find such a site.

My personal and professional experience has been that they do not provide actual replacement costs in their evaluations. 

Just a FYI you don't need an LLC to do RE investing. if you are looking for the checkbook control then yes you will need one, make sure the custodian you choose explains the prohibited transactions and disqualified person list to you. 

It may be best for person A but not for person B.

You seem like a very intelligent and hardworking person; I'm sure you can come up with a value proposition that is unique to you. 

A few things to keep in mind: the entire operation must be outsourced, and neither you nor your immediate family members can't be involved as you are considered "disqualified persons."

- Loan Type and Liability: Implications of personal vs.

Our difference is we "blend technology with a handshake" - we leverage technology to deliver lower rates than our competitors, BUT we don't compromise on expertise and personal touch.

Personally, I've learned an incredible amount in just the last 2 months.

Also you need to figure out how you intend to cover inevitable property damage done by guests but there are plenty of solutions for that in the marketplace where guests pay a flat fee per reservation in lieu of a deposit and you get covered for an assortment of potential issues (bad checks, credit card chargebacks, fraud, personal property damage, etc.)