With rehabs you can get to significantly lower purchase prices and typically the lender will just be looking for  a100k+ ARV so that you can refinance out of the loan once rehab is completed (100k as-is value is pretty standard for DSCR loans).With rehabs experience is the biggest factor to LTV and rate so partnering up with someone for the first one or first 3 will get you significantly better terms (working in the same area can also provide benefits in terms of LTV).

We sign a completely new lease with the new tenant after we make sure that they meet our rental standards.

You're treading in RESPA-infested waters there and these are federal, not state regulations.Referral fees for ANY closing services on residential loans are strictly prohibited under RESPA regulations. 

Section 8 tenants can be great, but the properties do have to meet specific housing standards, so factor in potential renovation costs to ensure compliance.

Many Martis buyers are interested in form over function and the builds can reflect that, with more $ spent on adding square footage and finishes than the details that aren't seen (insulation, ventilation, water management, etc). 

As a few others have mentioned I think the 15% fee for MTR is the typical industry standard but it can depend on the area

My client i funded and partnered with then went on to tell me its Clay and Clay in that area is in big demand to be used to line ponds etc as the basic soil in the area is very sandy and wont hold water..

I doubt there were any projects, other than your standard issue Ponzi scheme.

He is not a licensed financial professional, which is convenient because he does not have to adhere to strict regulatory standards such as disclosing conflicts of interest and how he gets compensated as noted.  

Hi @Kevin Duong,I have not used demountable walls before, but I would say to be very careful to make sure that the units are still meeting the legal standards to be considered a bedroom.