However, you have to be extremely careful financing 100% of the transaction as you still need reserves, closing costs, etc. and make sure it cash flows.You didn't mention if this would be a rental or owner occupied. 

From my experience, mentorship can provide structure, accountability, and networking opportunities, but it often comes at a high cost.

Note that legal and transfer costs are not deductible but can be added to your cost basis.

I was previously with Foundation Property Management, and they consistently mis-managed (horrible tenant selection, extreme rehab costs,...).

The entitlements would cost 50k to do. we'd make 2 million on the land if we do the deal. stick to the same market and same asset class. we do urban adjacent urban infill for midrise in hotels and extended stays and apartments in Columbus Ohio. what market are you in?

Pro tip - Home Depot has a tile from Ivy Hill that looks exactly like Zellige for a fraction of the cost.

Reverse 1031 Exchanges are more complicated and have higher costs, but can solve these problems. 

Rehab cost overrun is where most BRRRR investors and flippers go wrong.

If the tenant is claiming to be living in a hotel, she may try to get you to reimburse for that cost unless section 8 has a new process to reimburse them for this... which sounds absurd but I'll let you deduce whether or not you're dealing with someone who is used to paying for things out of their own pocket. 

Another costly item for them to evict us.