I dispute your characterization of the properties as highly illiquid: while true liquidation is difficult in a downturn, there are products that offer synthetic liquidity, such as cash-out refinancing and HELOCs, as well as collateralized loans against the portfolio, once it reaches a certain size.

To prevent that, you have to continually put in chemicals (hundreds of dollars a year) and actually get out there and vacuum it.

Often you have the ability to check for previous fires, chemical issues and ambulance transports.

Currently, I am finishing my 3rd year of chemical engineering.

PRO TIP: Check particle size on filter before using chemicals.

Luckily my brother wrote the North American operations manual for both the Air Force and Army for Nuclear, Biological and Chemical war fare.  

I work in a chemical plant so the stuff I work with isn't really the best for me either.

I don't know the arragement you have with your family friend, but if you don't bring cash to the table, it is going to take A LOT of successful flips to keep you housed, fed, and clothed, unless your friend wants to run a charity.I have a full-time mechanical engineering job in a chemical plant.

Hello,My name is Elyse and I am currently pursuing my undergraduate degree in Chemical Engineering  at The University of Arizona.

Hi Fellow BPers,I am currently on the hunt for alternative funds of financing to help scale my rental property portfolio in Cleveland.I used Chemical Bank for traditional financing on a 3 bed 1 bath ranch that is producing great numbers for and want to continue buying properties like that in a consistent matter without having to wait until i replenish my funds.