I gave Financial Freedom my credit card info so that they could bill me $3.95 to ship me a book. They ended up billing me $200 a month for several months before I realized what they had done.

My wife's a Realtor and...

Doing an unsecured loan is a horrible idea. 

Here's the link to their website: www.stayhikaru.com Horrible!

thats horrible, hopefully you can get some of the cash back. there are just horrible people in this world.

There is a flaw in the business model and thier internal processes need a lot of work.First the good,Yes, I got paid every month.Nomad found me good renters.Next the badDue to needing to make the guaranteed rent they rented my unit below market valueIn communicating with Nomad they were disorganized, often sending conflicting messages and not alignedNomad offered to find me a repair company, that compnany charged $400 for a $25 dollar part and I was stuck with Nomad saying "not their problem" and the vendor saying Nomad was the client not me.Nomad was horrible to my renters as their property management term ended.

Is this a horrible idea?

The UI is horrible. 

I was previously with Foundation Property Management, and they consistently mis-managed (horrible tenant selection, extreme rehab costs,...).

@Colby Burns  Agreed regarding the PM side with them (A member of my spouses family had a horrible experience with them)  Regarding the construction side, I cannot speak to. 

So no, tis is a horrible deal for you.Now of course I know nothing about your property (since you provided so little detail) so if this is a huge 5 BR house with pool on a lake somewhere, then you need to adjust my numbers.