The business is not for sale yet, I just know owner would not deny the offer if I put it on the table but I want to be sure.

Hi Carlos, they had a webinar 2 days ago, the youtube below, they put in a table of other comparable Apartment complexes even with a map, showing the proximity as well.

How'd you like to go to a restaurant and see a separate fee for cleaning the table or refilling the salt shaker? 

I lay it all on the table and expect the same back.

Includes a kitchenette, ping pong table and a BBQ on the roof hahaThanks and chat soon :)

The OP is currently exploring conventional rehab loans (presumably 203k or similar) which would indicate that he is intending to owner occupy, and therefore hard money loans are likely off the table (as most HMLs are not NMLS licensed and don't make owner occupant loans).That said, to the OP, if you're looking at a conventional rehab loan you're just going to have to accept higher costs, less flexibility, and more red tape.

She might be referring to transactions that don't reach the closing table due to the buyers' fault, and then they would refer someone they trust to close.

Let’s do it if you still have this offer on the table. 

That’s telling him to leave money on the table.

I think the easiest way to find the right partner is to find one that you are aligned with as far as investing in rental properties.The other option would be to keep flipping properties until you get enough money for a down payment on a rental.Another option would be to look for a BRRRR (buy, rehab, rent, refi, repeat) because then your friend could still bring money to the table and you could pay them back their portion plus interest and then you keep the rental property.What area of Chicago did you do your flip in?