I am in the process of purchasing a property, but carefully evaluating it during inspection period. 

Two apartments completely trashed within a period of a year. 

Almost exact same graph for single family home prices for same time period. 

It could be 80%, not sure of your exp or credit.  15% of 290k = 43,500 plus closing costs round that up to 50k, then you'll hold it during the rehab period let's say 5 months? 

This partner would get “dividend” in form of rent and then 50% of the value of the property for a min holding period of 10years.

Too many variables between now and then but that's a safer time period to look at this differently. 

20 years is a universal period of repose. 

Also, what are you main reasons for looking to STF in Rockford, not knocking the area by any means but there is so much opportunity within the city limits where you're less likely to have extended vacancies.Short term rentals have taken a beating this year, while long term rentals have seen an uptick in what they can charge due to high home prices, and inflated interest rates.

They usually have a team of trusted contractors for you to choose from, obtain quotes during the due diligence period on any issues, for you to make the right choice.

I currently have authorize.net but the merchant is holding 10% of my payout funds in "reserve" for 90 day periods.