my SS deal is one of my participation deals were I provide the capital to the operator via a debt instrument then take a participation as part of the note agreement. 

Some lenders offer this option, while others might prefer to handle each property individually.It will come down to the lender’s criteria, such as combined value, rental income (if applicable), and your financial profile. 

Also it would be worthwhile to speak to a financial advisor on how to best diversify your portfolio and maybe you can even use your currents investments to get loans for real estate. 

Henry, when working with distressed debt and modifications for re-performance, 12% is not hard to realize for yield and Dave has this process nailed down from years of experience.

Quote from @Sam Epperson: let's say I come to an agreement with the seller for them to finance some of the deal. let's also pretend the seller owns it with no debt, and we agree to 5% down, 5% rate, and 10 year balloon. how are we drafting this legal document?

Losing $1,300 per month at a minimum doesn't sound amazing, but it completely depends on your financial situation. 

I have worked in real estate debt since graduating in 2021, so I have solid (but not expert level by any means) experience with underwriting multifamily properties. 

But like he said, f something goes wrong with ANY of the properties you have debt on, you might be in a pickle.

To restate, I wonder if it is feasible to pre-qualify prospects financially and criminally before touring.

To assist us, we refined our pitch deck and performed some scenario analysis with our financial models.