I’m sure that’s normal for regular home buyers but I feel uncomfortable with it bc no one has shown me the effort I’m looking for.

@Patrick Philip well give it a go and see what you can raise.If you are syndicating a deal, the normal process is you will get debt (mortgage) from the bank and the down money, closing costs, working capital, capex money, etc (Equity) will come from a group of investors.

Proper siding generally withstands pressure washing, which hits it with heavy PSI and at the opposite angle of what is normal (from the bottom). 

I am also seeking to fund it with a HELOC.Sorry for what might be a dumb question: Once I run the numbers on paying the HELOC back, the cash flow doesn't seem to start until the HELOC is paid back (in 5 or 10 years), is this the normal procedure?

Chronically late, normally gets caught up, and takes pretty good care of the property.

If they don't exercise their option, the lease continues as normal until the end of the 24 month term.3.

I don't want to gamble that I'll be able to rent it out at the higher rate.Thanks Frankie, At this point I can't tell if there is any value add stuff, because I've only seen the outside which looks alright.

Normally, the realtor is relying on the seller to provide accurate information.

Not sure what I will do when I have some "normal" properties...

I also gambled on very bad section 8 and lost thousands.