Without even introducing himself or saying hello, they went straight to the point and told me that it was ridiculous and funny to see that I had a listing up for $750k because 2 years ago his clients offered the seller $750k "off market" and the seller declined.

Working with straight shooters makes doing deals easier.

Esprit 24 hours notice is straight up unacceptable. 

However, they also remember (and share) the people who shot straight with them, even if it meant they weren't the right fit for them at the time. 

Will your property provide acceptable cash flow after you move out to cover your mortgage, expenses, and then have some left over for straight profit?

The other method is do a straight cash out refinance up to 80% where you can use it for renovation and allocation the remaining funds to invest.

This works pretty good in my area, which is about 350 miles straight North of Memphis.

who is sending you a check.. and if they did wait for it to clear the bank before you buy anything or start any work.in the future insist they WIRE the money straight into your business account at the bank thats the safest way and how we handle all our draws.. with the exception of our Oregon sub contractors who bill monthly and keep in mind we are building a lot of houses so it 400 to 700-k a month in draws. 

you are new to this, you still do not have enough knowledge or at least someone to guide you, so I do not see a reason on why you would jump straight away on 16+ unit deals, it might overwhelm you, start with learning and building a portfolio with a few 3plexes, 4plexes and then scale into 10+ unit deals.

It makes no sense to me; I thought it was straight forward that I should not be taxed on the portion of the property that has debt on it.