You float the room with it and when it dries you have a level surface to tile.  

They have more skin in the game then you do.Make sure you get clear title.

in theory yes. in actuality, no. reasoning: banks don't like loaning you money when you have no "skin in it" that's why you need down payments. you also need to cover closing costs. theoretically, banks may lend you money if the deal is so good that you have enough "instant equity" to cover their ***. for example, banks like loaning 80% of the value.

Now is the perfect time for him to dump it because the seasons have changed and everything looks ok on the surface

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

That seems reasonable, they're not helping with damages but, at least they have some skin in the game.

The purchase price of duplexes and quadplexes seem good on the surface but once I enter them in the calculator it’s non favorable.

@Jason D.He stated, you can’t talk a certain way to people down their if you have “ white skin “ because they will kill you.- I think it was a tactic to incite fear obviously and ruin my investment strategy. - I don’t really like manipulation, but I know many people try to use it in this business. - My Tampa Home is Class C!!

but on the surface it looks like you might be over leveraging yourself especially if you grab another 70K in debt to finance the down payment on a new home. 

Fayetteville from surface level is an excellent rental market.