Do you find that new clients are willing to choose that option or is that a system built from trust and repeat business?

You will see much greater long term success if you like and trust the people you are working with, as well as you will end up going to the location more throughout the years without it being a burden.

Recency bias, I would say don’t trust a contractor.

They definitely make it easier, I just don’t trust their finances and don’t have time to scrutinize them.

Then of course if you do lock down a deal you've got to have a crew you trust and you have to understand what's going on enough to recognize any red flags the crews/pm may present.

We learned to trust our math!

As I'm not sure whether they will close, I usually build in a safety net of one of the choices being a Delaware Statutory Trust just in case the targets fall through. 

Or if the interest was received from a corporation, partnership, trust, estate, association, or company, then the lender would not be required to issue a 1098. 

It really depends on the tenant and can they be trusted to perform this work.

Here is what I would like to do :- Based on the LTV of the 5 ( fully paid ones ) properties I would like to get a Line of Credit and than find a mechanism to do a 2nd deed of trust behind the 1st Line of credit.