Confirm with a tax pro.

They are still responsible for damages (already in our Reservation Agreement) and we provide the same starter set of supplies whether it is 1 day or 3 months. 

If it is then spend the time getting the RIGHT education, building capital reserves, making contacts, and arranging financing options.  

Since spring 2022, when the Federal Reserve embarked on its latest rate-hiking cycle, interest rates on the most popular loans for real estate investors, DSCR Loans (part of the non-QM loans category), have moved at unprecedented rates.

On the other hand, unless the seller is financing it, you are almost certainly not going to get 100% financing, so you'll need the down payment plus reserves for working capital and capex.I'd then look to find an experienced apartment owner, ideally one in your area, who can look over your proforma assumptions to make sure you haven't forgotten anything big. 

Would someone confirm if this is true or false. 

Chase Sapphire Reserve, AMEX Platinum, etc), so I would love to be able to maximize that while avoiding co-mingling.

Things may not always go your way and you need reserves in any case.

At $300/door you would need 17 or so doors to  do that… and even then you won’t clear all that with reserves you will want to set aside.  

I would be surprised if borrowers could meet the experience criteria, its terms that are real and available but reserved for elite rehabbers with a lot of completed projects.Typically, 15% - 35% of the purchase price (or total project cost depending on the lender) will have to be brought to the table by investor in order to close.Once the loan is closed it works like a construction loan.