And What other conditions/terms/costs do you calculate when underwriting the potential of a deal?

In efforts to get more experience with IOS, we are seeking a financial partner that potentially has experience with this asset class. 

I seriously looked into purchasing a few years back in Valencia but decided ultimately the US had more potential.

Some of your requests may fall outside this manager’s standard practices, and customizing services for each client isn’t practical for most PMs.

Here’s why this can be a great option:You can lock in a lower interest rate on the HELOC since it's based on a primary residence rather than an investment property.You keep your existing home, allowing it to appreciate while your tenants cover the mortgage.You now have two properties working for you—one generating rental income and another as your new primary or next investment.For analyzing rental cash flow, some key numbers to look at include:Expected Rent – Research what similar properties in your area are renting for.Mortgage & HELOC Payment – If you use a HELOC, factor in the monthly cost.Operating Expenses – Taxes, insurance, maintenance, potential property management.Cash Flow – What’s left after expenses and mortgage payments.If you do decide to sell instead, you can also use that equity strategically—whether for a strong down payment on a multi-unit, house hack, or another single-family rental.On the networking side, attorneys and other key professionals can be tough to find in everyday settings, but real estate investor meetups, Facebook groups, and local REI events are gold mines for connecting with them.

Effectively good egg is simply a P.O. box that takes a Commission out of your hard earned/saved money, in return, for purportedly providing due diligence to vet the potential projects and sponsors, on your behalf.

This just seems like it puts me in a potential bad situation if something goes wrong during the process.  

All interest rates and payment plans are custom made to work for both parties therefor creating a win win scenario.As far as partnering with the banks goes.

Go places where you can connect with potential buyers and sellers. 

If you can be around there that's a great area, or if you are okay with being further out you can look in Buckey potentially or Queen Creek.