The US market is quite distinct from most of the rest of the world. 

The distinction to make is that mentors are there to give you guiding principles that they have used but they are not your coach.

Your money has a very distinct value.

I have closed two of my OREO selling to Naca financed buyers.Naca allows the seller to buy down interest rate all the way to 1/2%... buyers must go to class and learn to manage money etc. they have a website just google it.. they were and are predominatly geared towards minority borrowers and very anti predatory lending.. to the point that they had on their website the CEO of many predatory lending companies home address and pictures of their Conneticut mansions it was pretty funny really.. very disjointed though and pretty tough to get a deal through.. they have certain loan limits and income limits.. not everyone can use them if you make too much money.the one I distinctly remember selling in Jackson MS  the buyer put no money down paid 110K I contributed about 15k to buy down the rate they got 1% and the lender is B of A in this case ..

There is a distinct lack of inventory in the under $150K market (which is about the sweet spot for rentals), so the minute anything comes on HAR, even if it is in poor condition, it gets swarmed by all buyer types (owner occupants, investors, flippers, etc.).

. $30k is not an unreasonable amount of money to fix a place up, but here in California there is a distinct difference in remodel pricing between homeowners and investors.

A property that I am looking at has a very nice fourplex built across two distinct neighboring parcels.

It's a portfolio community bank product but one that I don't think you'd have much trouble getting.There's two distinct advantages to pursuing a path like this.1.

And you're right, even though he didn't take care of property, he wants to ensure next buyer does to protect his debt.I'm not an agent or attorney, but in the Carolinas there is a distinction betweenDD fees/money and earnest money. 

Legally, however they are all distinct entities protected from each other.