The law of large numbers states that if you can increase the likelihood of a renewal of any given tenant over time with enough tenants, you will increase your renewal rate substantially.

The key is analyzing each deal individually and adapting to changing market conditions. 

A pre-approval letter states that it's been approved by an individual that is approved to do so.

Put locks on each bedroom door so individual tenants have security of their personal belongings.You need a really good set of rules regarding shared common space, cleaning, kitchen use, bathroom use, etc.Be very clear about the rules up front, and selective about who you put in there.

The IRS expects your cost seg report to be "factually intensive", "supported by corroborating evidence" and performed by a "qualified individual.”

"The President's action makes federal funding available to affected individuals in Alexander, Alleghany, Ashe, Avery, Buncombe, Burke, Caldwell, Catawba, Clay, Cleveland, Gaston, Haywood, Henderson, Jackson, Lincoln, Macon, Madison, McDowell, Mitchell, Polk, Rutherford, Transylvania, Watauga, Wilkes and Yancey counties."

If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

There is always a substantial liability to keep in mind you should get specific insurance, and tons of disclaimers and permission slips. 

You could bring in your expertise while they provide the funds.Seller Financing: Depending on the seller’s situation, they may be willing to finance part of the purchase, which can ease the burden of upfront costs.Private Investors: If you have a good network, you might find individuals who are interested in investing in your project.

Once I start getting applications returned to me I set up showings, both individually and usually 1-2 open house style options.