This way you can afford to stay in the nicest hotels  and eat at great restaurants. 

However, it would have been stupid of me to try to eat this wholesaler's lunch. 

when eating an elephant, take one small bite at a time".

In a reverse, your QI takes title to the land (with the funds provided by you that you mentioned) as what is called the exchange accommodating title holder (EAT). 

A good agency will eat 20-30% of gross but it'll be booked, cleaned and turned much more than if you do it solo.

That meant buying materials needed for that night during my lunch hour, and eating dinner in the car on the way to the rental. 

no smoking, drinking, eating out, and very little entertainment for her.

She won't do selling-financing, tenant doesn't have the funds purchase, starting asking friends/family to see if they want to be passive investors but have not had any luck yet, I have a HML I work with but need ~$50k down and points eat into the profits on such a smaller spread. 

I don't like borrowing too much and eating up my cash flow

However, the closing costs might "eat up" the difference.