Because of this, your primary contribution to this loan is your ability to MANAGE and extract cash flow from your properties (primary source of loan repayment), NOT your personal assets (secondary source).  

Easiest option would be to extract equity from the two properties and use the funds for an additional purchase.

I love to read the transcripts, get through the nonsense and extract the info in 5-10 minutes vs listening to a 90 minute podcast.

Box and different last name ( say a friend or family member) and than set the LLC with both of us limited partners and Land trust as a general partner Option 2- Setting Wyoming LP that has general partner LLC and limited party us , and LLC has general partner itself and limited partners us.I know it sounds a bit complicated, but that what I've extracted from vast of the recommendations so far.Other options had it's own problems as well , like : Series LLC are not yet supported in CAHaving each property in separate LLC is financially  toughAlso my partner has his own business, and I have concerns if say he will get sued for something else than our business and having us partners under LLC probably can impact me as well?

Hence, in those markets investors are focusing on how much juice they can extract from a property.

There are what they call geothermal units, which consists of burying runs or drilling what is called a well, and running a fluid through it to raise its temperature above 40% so it can extract the heat for the heat pump.

You'll have to really do your due diligence and build a solid team, but I think value can still be extracted in these towns.Good luck!

Once that money is in as a down payment it's not like there's an easy way to extract it if there's an unexpected cap-ex expense and you haven't built adequate reserves.  

Usually you would expect to extract a greater value out of the property after repairs .The biggest factor here seems to be his health.

With a future buy and hold exit strategy in mind, can you cash-out refinance out of an FHA 203K loan to a conventional one - once 80% Loan-to Value (LTV) is reached, thereby extracting cash out (for the next investment property) while dropping the Mortgage Premium Insurance (MIP).