Call around and see if you and the property will qualify.

DM if you want me send you pics of your properties I know how that feels .  

I've found an off-market property that would require $175k purchase, $35k down, $20k in repairs, with a conservative ARV of $235k. 

Same things as knowing comps for the 30 properties that you narrowed down to from the 70% rule..

If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?

I just closed on one for that last week and it appraised.Under contract at 223k with seller paying 5k in closing.The property needs 20k in repairs. 

Cool to see but could have done that at my own pace..... the property tours are informative and show the different levels of facilities... 

If you’re using a car for business, log your mileage or depreciate the car; whichever method is favorable to you.

At that class of property, the turn overs are costly. 

It is going to be near impossible to cash flow on a property with 100% financing, especially if that partners rates are above conventional rates.