I read Dave Van Horn's book and its great about getting into the basics of what note investing is and where to do it and principle.

In general, our first year returns for financed purchases range between about 17-20% including cash flow and loan paydown, and go up from there as tenants pay more and more principle each year.

Young hustlers can make some good money wholesaling if they understand the ethics of the game and truly want to help sellers and buyers win. 

AI personally would do the HELOC for 12 months using only what i had to for down payments and pay them back with interest and principle over that time span, then I would refinance each piece. 

Free Market principles suggest that if there is vacuum like that isolated in a particular geographical area, investors are already taking advantage of that to fill in the void.

We will raise 9 months of principle and interest reserves (along with the funds to close and Capex) but I want to have a clear picture of what each month will look like so we can plan for any weak spots up front.I am not an Excel wizard so if anyone has a tool they can share for this type of budgeting that would be spectacular. 

If you’ve never seen your father lace up his workboots every morning and go to work it’s beyond your context to have a strong innate work ethic .

If your partner is not ethical you could have real issues, and there is also the possibility for one partner to not pull as much weight as the other partner.

Yes too numerous to describe in a short reply - plus ethical issues

@Mariah Sanchez7 percent interest is charged annually on the principle with repayment (amortization schedule of 30 years).