You should be able to force appreciation by renovating and raising the rents over time to get the 25% equity, not only normal appreciation.  

Real estate can make it go faster if you do it right but it should still take 10-15 years as compared to the normal 30-40

Normally you collect the option consideration as your assignment fee.

AND you will normally get paid twice for every property you help us acquire because if you're treating us good, we will also have you list the property when it's time for the disposition or to place tenants.And don't be a "set-it-and-forget-it" agent with investors.

Security deposits and last months rent, I would not normally recommend to spend that on repairs; but sounds like you need a solution.

That’s not comfortable but unless you’re elderly or have some sort of underlying medical condition it also probably won’t kill you.The repair happened, I the landlord pay for it and everything continues as normal.

Just be sure that the property will cash flow enough to cover all your normal expenses (debt service on the 30 yr loan, CapEx, repairs, vacancy, taxes & ins, etc) PLUS enough extra to pay off the LOC in a reasonable anoint of time.

I'm curious, do people have any concern for Las Vegas future due to the Supreme Court permitting other states to legalize gambling?

However, the CLTV or combined LTV of the two loans to purchase will normally not be allowed to exceed their typical LTV limits such as 75%-80%.

Buying those kinds of properties is almost like gambling.