One needs to have a real estate license to bring buyers and sellers together for compensation..

After a transformation, I import information from Stessa (it auto-injects info from banks) into a relational database, run a few queries, and then do a cross-tab query to bring it all together into a report. 

.: Quote from @Xin-Ran Jiang: But when they bring up the syndication approach of LP+GP, that they will help me raising 35% down payment from private money in exchange of 65% share of ownership, I shocked.

So with another 100K in construction/fix up cost bringing the total to 500K it meets the 1% rule, obviously I would do more underwriting but I need to be solid on those comps. 

Or if you want to bring it down to about the same value, let's say 2 SF to 1 FP.

But other than telling a prospective tenant that "this is not the house for you if you have a problem with the security cameras", how have you handled the situation when they bring it up in regards to it being an "invasion of privacy"?

On another note, if your rent increase estimates are accurate, you'll bring in about $10,200 more on an annual basis (assuming you achieve the $1200 and $1350 rents) so putting in $50k in renovation just passing my gut check of getting about a 20% yield on renovation costs - not great, but not bad either. 

Which will bring plenty of other investors and general business to the area.

OR, if they are investors, they have much more experience than you do, so can bring in outside money.That being said the typical way of using OPM (other people's money) is first, borrowing as much as possible.  

This would require seller to bring cash to closing.