The risk modelling is vastly different from how a loan is structured, no matter what it is.second, All assets have intrinsic value and extrinsic value. 

Unless you are in an area that couples are the vast majority of clientele, your money is probably best used by upgrading the existing place's amenities (like adding a hot tub or firepit) and/or upgrading finishes. 

@Kevin Kirby this is typically how the vast majority of hard money loans work.

Like third world countries, yes there is wealth, but the vast majority are living hand-to-mouth.

So we are now living with the aftereffects of Fed’s loose monetary policy (which lasted farrrrr too long), the inflation it created and vastly declining homeowner mobility, which is not a good thing.

Identify Your NicheKaty and the surrounding Houston area are vast.

A vast majority of the time novice investors would way, way overpay and outbid us completely wasting all of that due diligence time.

You are supposed to treat ChatGPT as a intern/assistant with no operational knowledge but who is really good at sifting through vast amounts of information to find pieces of the puzzle that you put together yourself.

I know in my HML bizz over the decades the vast majority of private investors that have worked with me exited their rentals but wanted cash flow and switched to investing in Notes and debt ..

@Ross Kane they are very real, but honestly a vast majority of realtors are unresponsive...