Most also rely on beefed up rents and unrealistic operating expenses in their pro-formas to justify higher sale figures and can generally take advantage of their investor clients who are not familiar with the nuances of the market.Again, my recommendation is to be more active with your earliest investments but if you feel so strongly about a particular market network and partner with the leading developers  in that  market.

I have been working on a simular project with a business partner of mine.

The highest benefit will be if you can rent their whole building even if it means taking over leases one at a time over a year or so.One of my partners went from self-managing a small complex doing 5-10 hours of management work a week to cashing checks and "catching up" with me once a month to see if there was anything they needed to be aware of.

I don't have to pretend to be the PM because I'm female and my business partner is my father, everyone assumes I just work for him.

Partner with Other Investors: One option is to collaborate with other investors or partners who might be willing to put up the EMD in exchange for a portion of the profit.

If you have assets or a partner that can show their assets and a decent credit report you're good to go.

I've started looking at Columbus because my business partners have found success doing Mid Term Rentals there and the returns are solid.

My partner is from the Midwest, and we’ve briefly brought up the area.

For example, if a partner and I split the acquisition/rehab costs, do we each get a 50% stake in the equity of the property? 

We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS  in the old days  the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed.