The returns that investors require is generally based on their perceived risk of the project and the investment period.With my CFO clients who do real estate development, most LPs in the small-scale residential space (SFR & 2-4 MF) are investing for 3-5 years and are looking for a preferred return of 8% with an IRR of 16%-18% for turn-key and 18%-24% for value add.

The deal was identified by my real estate agent and requires a quick closing.

However, this would require you to move into the property and would need to qualify for a new mortgage. 

, I’ll file a series formation form with the SOS (not sure which form yet, and apparently it’s suggested but not required?)

When house hacking, consider the area's average rents, property values, and financing options, such as FHA loans or conventional loans, which may require as little as 3.5% down for multifamily properties (if it's owner-occupied).

Options - collect full payment for the 3 months up front and lower the deposit to secure against damages only, require insurance.

Here is a list of minimum Requirements: 1.

Scaling up doesn’t always require 20% down—house hacking (FHA or 5% conventional), DSCR loans, seller financing, and the BRRRR method can help you acquire more properties with less cash upfront.

In general, DSCR loans will require the property to be either leased or at least "Rent Ready". 

Please - do this today: Send her a Notice To Quit for Non-Payment of Rent; you will need to send this to her via USPS with proof of delivery required so you can use it in any legal proceeding.