Depending on the investor and lender you are speaking with, there are typically several options and choices.

It might take some time, but I'll go through each one individually at some point.I just usually end up downloading the podcast and listening on the train so I don't have to worry about losing reception. 

PS when you go into the health department ( or whoever controls on site sewage) you may find out also that your individual systems and tanks are fine.. but you want to know for sure before you spend any money.

You can find loans anywhere between 0-5% down depending on your individual circumstances. 4) I am unfamiliar with jacksonville laws and regulations, but in general, a property with unused space is ideal for these conversions.

I live really close to it and I was thinking it would be a good choice for me to start there as it´s cheaper than Barcelona and it also has an ok University.

As a young individual with more time than money, I think its a great option.

My struggle is the prospect of potentially giving up control, having the choices of team memebrs made by this company for example.Obviously, at the point where I see the potential members of the team to not be suitable anymore, I can definitely look for others, but i'm still finding it to be uncomfortable.What do you guys think of potentially partnering with this type of company, and what would you do if you were in my shoes?

Fundamentally the point I was trying to get across in my original post wasn’t about my due diligence, its that the cost of known and unknown repairs when you first acquire a REI is way higher than people seem to anticipate.The way my tax person explained it is the 25K limit you’re talking about is the limit to losses you can claim per property per year, I haven’t hit that for any property individually so it works out.

The earlier you recognize this, the better off you will be in the long run "I was wondering if any lenders out here on BP are willing to play game...." is not the best choice of words.  

Hard money lenders, familiar from your experience with flips, remain a viable choice, although they typically come with higher interest rates and shorter repayment terms.