He would probably not pass my background check (you don't mention his crime), so I don't care if he is moving in with Mother Teresa. 

Probably best to speak off-line if you want, so I can get context and see which direction you should probably go.

- Probably easier than Padsplit!

Expect to pay 1-3 points, probably $1,000-$2,000 in origination costs, and 10-13%/yr on the note rate. 

Fed rates don't equal mortgage rates, but there is probably some mild correlation. 

They sounded like they probably could lend for something like that. https://www.trulyinvestorcapital.com/rental/spr

I understand this is probably a long shot, however I believe one who has a strong desire to learn and is willing to commit, can attract those things they are looking for.

I would be very very cautious with anyone who would lend 100% both construction and acquisition - clearly they would have to hold it on balance sheet - but tread lightly as if it seems to good to be true it probably is 

All are on the older side and probably what I'd prefer to spend my money on if I'm planning on renting this out and already have renters lined up as I would anticipate these going out in the next 2-5 years.b) focus that money on things like granite counters, tile backsplash, and new cabinet doors?

If I do buy a house I'll probably be close to house poor with no extra money and probably won't have an opportunity to invest in real estate for a while since most of my money would be tied to my house/townhome/condo.