The seller took care of these before closing.

I can only speak from a lender's perspective, but we're going to want to see some "skin in the game" from the borrower.

By special situations, I meant: "When getting an emergency to be taken care of OR when a tenant showing/screening has to be done" etc. 

With that being said I would be careful not to just chase cash flow but instead find a mix of appreciation and cash flow, but at lower leverage. 

Carmen took amazing care of me and has been my go-to lender in my Florida investments as well and he now mentors me in the lending industry.

 - Cashflow is ~2K/month and leverage is ~60% (equity being 40% of current value)Accumulation goals:In the next 2 years, our plan is to buy lots and have duplexes built by a builder we have existing relationship with that takes care of the whole process without too much of our involvement. - Buy 6 additional duplexes.

I know I just typed you an essay but I said all that just to say this:  Be careful with these people who pop up in your messages claiming to be private lenders and asking for upfront loan origination fees. 

If you are staying in their field estimate for the repairs they likely aren’t going to care who does the work.   

This is particularly important in competitive markets where speed can be a key factor.Risk Management: While there is certainly risk with any form of financing, careful management and choosing the right lender can mitigate these risks.

Doesn't look like Brandon thinks a couple bad deals will run his reputation or doesn't care.