Be careful, I went to a class in April presented by the Hampton Roads Realtors Association, and We had Chip Dicks an Attorney from Richmond ( he helps write new legislation for the general assembly) come and speak to us on the changes in the laws, and one of the things that they hammered on was the Airbnb.  

Hi Daniel, if you will decide to put your chips on Jacksonville, check the areas very carefully. there are good opportunities ( pockets ) between the the rough neighborhoods. 

Otherwise, what criterion are used as 'bargaining' chips when negotiating that part?  

I just like to put down 20% when possible and chip chip chip away at it every month.

-My Partner would chip in the remaining $5k for the down payment.. and be responsible for managing the rehab of the property.. contractors etc..

That's a heck of a bargaining chip.

RE is sexy $ and every TV network as a crappy flipping show (JoJo and Chip I still love you guys).

I advice you too read Zero Risk Real Estate by Chip Cumming, very credible guy!

@Chip Chronister do you have any of the specific numbers on the property?

There were some recent court cases that are slowly chipping away at the criminal eviction.