You could change that money in a rolling it over into a self directed IRA and you’d have more flexibilities, but you have to be careful with the rules for what you can use this for real estate.

If we do everything correctly and we screen carefully (credit check, employment verification, etc.), what would be the worst-case scenario?

As you can imagine, it drastically cuts down on the amount of water use when the tenants have skin in the game.

At this point, we are three years in, and have learned that you sometimes have to have thick skin (grit) in dealing with tenants, managers, and RV site visitors; while maintaining a sense of humor and humility.

I do not care what the wholesaler says, but what are the ACTUAL numbers.

Again, some people may be helpful, but when you are new you should be more careful until you know who is who and what is what.4.

Gym, quiet spaces, child care, etc. - just some options and thoughts.

There are several great ones in Dallas, but I'll bet these days most want you to have some skin in the game, so no 100% financing and also financing of renovation costs. 

Can a Hard Money lender also take care of the upfront costs for a rental? 

Usually a few hundred dollars takes care of it.