Would like to do minor rehab to get my feet wet working with contractor, but nothing major.

Finally (after 7 years of reading books, research, podcasts etc) jumped off the cliff and bought a major fixer upper for very little money.

I am a traveling healthcare worker and my two major goals are buying multi family properties and going back to school.

The key is to save a decent amount for that rainy day.If you're buying a newer house with upgrades on the major systems -- roof, furnace, water heater, sewer, and appliances?

You'll also want to ask about the servicing process with these types of loans as the majority or lenders are going to be releasing your rehab in draws so making sure that the process to request this is fast and simple will make a big difference in your experience. 

This is just the normal operating costs, never mind the big things that come up occasionally with capex like when you have to replace a major component (furnace, water heater, sewer line, driveway, steps, deck, windows, roof, doors, siding, landscaping, etc,) and it costs $10-20k.

I might switch a majority of my LTR's in Cleveland to MTR's. 

In these instances, the investor does not get any upsideIf you do the deal as equity, the Investor will typically get a preferred return, and the majority of the upside.

Property was used as a movie set for a major motion picture.

Unfortunately, although we have plenty of production for the U.S. the next two major producers are Iran and China.