This person has 8 months remaining on their lease.

I personally love the Cleveland market for its cash flow.

Personally, I'd spend a little more if I knew there was significant value add there.

The terms and costs will depend on the property, your personal situation, the location, etc.

You can stack your personal 50%s up for separate ventures while still knocking out deals without your own capital2) Read Raising Private Capital by Matt Faircloth3) One LLC with the S Corp designation to pay yourself a reasonable salary from the flip profits.

And this means you're going to spend some money on that person.

I personally don't like the idea of using OPM as is often recommended for people without their own capital.

H there, I'm a certified international property specialist and while i don't personally specialize n Costa Rica,  have several colleagues who do.  

We purchased an RV last year under our personal names that is primarily used for business travel.

You absolutlely need to be direct to seller or have close, personal relationships with wholesalers and active agents.