Otherwise you have no way of monetizing the "paper profits" the promoter claims are there.

well, your paper right off are added back.

Just get a paper napkin and draw a line down the middle with a fine Sharpie.  

This is a whole other thing- you have to have nice, pretty apartments (where students are much more lenient) and furnish them with everything from bedding to forks to toilet paper.

I obviously can't speak to all the details as I'm not an LO but from what I understand (from their flyer) it's a conventional product, Park National keeps the paper and services the loan, it has no PMI, Is a 100% financed product, and comes with $15K to use for closing cost, rate buy down, or principal buy down depending on your situation.There is a new top dog in the loan products for house hacking in my opinion, and the best part of it is that its local money, staying local and helping local people.    

However, you could still have - cashflow on paper, but still break even or potentially have + cashflow on your taxes.

Protect your investment with the proper legal paper work such as deeds of trust, promissory notes, operating agreements or partnership agreements, etc.

This means that pressing "send" on an email is equivalent to signing a piece of paper containing whatever statements appeared in the email. 

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

However Investors can be their own worst enemy trying to go for the highest returns on paper which of course have the absolute highest risk factors.