Sellers hope for a rookie investor so that the seller can suck out years of cash flow not fixing anything and then try to sale like it is fully functioning with no issues to get a higher price.

I have to spend time with the buyer explaining what they will have to do to get that yield or they have to accept a lower cap for something fully functioning. it's great people have money and want to do things but it has to be realistic for the area.Now if you look long and hard enough and make offers might you find something?

I look forward to your thoughts/feedback that will hopefully help me understand this crucial function in the flipping ecosystem.

You'll understand state laws, deeds, transactions and settlements, marketing, financing, title issues, appraisal techniques and valuations along with how agents must function, what they can and can't do.

You have a few options, and you will be best fit to talk to your local broker so he can evaluate your credit and income profile.You can either take the cash out in a lump sum on fixed terms, or apply for a HELOC(Home Equity Line of Credit) which functions more like a credit card.In either case, you will likely only be able to borrow up to 75% of the value, which in your case is ~$187,500 for each property.

While professionals are important, it's really about the function they provide that assists the "franchise", not the professional.Different real estate centric businesses will have different needs.

Agree 100% - I think the search functions & the categorizing/labeling of threads deserves a lot more praise than what they get right now.

It's more of an appearance issue than a functional issue.

My plumber told me a toilet is a toilet, true to some degree, they all work and function, just that some work better than others and quieter than others.

Rather odd %, I wouldn't think much of it, if the policy was 25% or more I may not say a word about it, I'd be looking at the entire picture and I may ask what their function was in the syndication, any management functions or just a capital contribution that brought them to that interest, simply joining for a return on their investment.