So, after closing costs I would need roughly 55k cash to bring to the table. 

I've had my GC run through the property and he did not discover any leaks, so I'm purely confused why I'm seeing this massive increase. 

How have you been making payments so far, to a servicer or directly to the seller? 

LLCs are normal for CRE, so you divvy up the ownership interest how you and your capital partner(s) see fit.What's your specific question? 

so, if you get 75% of the $200K, that's $150K, minus, say, $5K for closing = you get a check for $145K.

If so, do I need to hold it for a period of time before I can rent it out?

Have you started your search yet, and if so, what areas are you focusing on?

Hey @Robert Ellis, so I have no performance data for you on this topic, but you can try and scour AirBNB and VRBO in the areas you are building and see what other homes are bringing in.

So, put simply, Fannie and Freddie facilitate financing/liquidity to this market, focusing predominately on single-family mortgages and multifamily construction.

Line Item Fee Collected Rents 10% of All Collected Rents New Tenant Search & Onboarding $500 Business Hour Service Calls $80/hour + Materials Cost + Tax After Hour Service Calls $110/hour + Materials Cost + Tax HVAC Cleaning & InspectionGutter CleaningSpring/Fall Exterior CleanupSeasonal Mowing & Weed TrimmingSeasonal Snow PlowingGeneral Contractor Vendor Cost + 10% Oversight Fee