I could see it as a nice gesture for ideal tenants.

Cody Backus Thanks for the great explanation and generous advice!

Not something they would normally do, but a gesture they wanted to make because the situation happened so new in the game. 

Vacancy of 1% in a multi unit also seems to be more than a stretch.Due a bit more research and take a little less generous estimations.

Actually, at least on the streamline, they give 50% of the Reno to the contractor up front, with balance upon completion, which is generous. 

and her family is awesome, and don't want to do anything to jeopardize our personal relationship.A few details: I've been learning everything I can from BP and talking to anyone I can, and had started looking for ways to secure financing when her parents generously offered to finance the first house.

And let's say, for the sake of discussion, that you're willing to give someone a 10 day grace period before you charge them a late charge (overly generous in my opinion, but run with it).That means you're willing to give up 5% of your income for basically "borrowing" the money (the rent that you haven't collected) for only 10 days.

Okay guys, update....I have a very generous aquaintance who has offered to give me the full amount owed the hard money lender as a gift.

When you make an offer, you will need to provide that pre-approval letter to the listing agent so they can verify that you have the means to purchase the property.I think 0.8%-1% in this market for a single family home is generous. 

I've been following him and Jake for a few months now and they are unbelievably generous with sharing their knowledge!