I am assuming it was a root canal like experience because of the drib and drabs of documentation that that the LO asked for? 

He loved my proposal to l/o the house, rehab it splitting costs 50/50 while I lived there rent free during the rehab.

@Jason Smith   Bank LO's are often more order taker's then problem solvers.

tty LO, the deal can take forever and possibly fall apart.I live in South Jersey, outside of Philly. 

Well I looked into the document and lo and behold it was in the policy.  

He loved my proposal to l/o the house, rehab it splitting costs 50/50 while I lived there rent free during the rehab.

That means (2) people have to get a commission for you to use that Lo at that lender.When you use an FDIC Bank you avoid having to pay points and you get the "PAR" rate.

You’ll be forced to lo the property to start taking minimum withdrawls if you don’t have enough cash in the account.

With single-asset deals that are losers, this option is off the table, if the deal is sold at a loss investors take a loss with no chance of recovery.Just food for thought as there are pros and cons to every structure.The problem with the fund is execution, if they are reckless they could buy it wrong and we have no power to accept/refuse as money already gonewith single asset lo can do very heavy DD prior to acquisition  

So I started researching books on investing and lo and behold if I didn’t find Rich Dad Poor Dad.