Quote from @Andrea Russin: A blanket loan would be a good way to spread the equity however it would limit your ability to easily exit one property without restructuring your loan.

The condo will limit the rental options to age restrictions. 

One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work. 

It won't be 100% accurate, but it will be close enough.

Not saying it isn't possible but it's an uphill climb. 

If the credit screening costs $25, then you earn nothing.I believe there are exceptions for a higher fee, but you have to stick to the actual cost of the screening.I would talk to an attorney before charging more than $25 per applicant.

I've never done foreclosures, but from what I've heard, they're not good. 

But you don't find the same person you did back when.

There are seconds in the way of HELOANs and HELOCs for investment properties, but they aren't cheap.

Then, I spoke with several acquisition managers with very limited knowledge on how to evaluate a deal but this time, the company they were working for was sued by multiple homeowners for fraud.