They are excellent renters so there's no reason to deny their request and (as a former foster parent that has adopted three children) I would do everything I could to support them.3.

The fact that you’re CREATIVELY thinking about how to position yourself to add value to a transaction as a “broker” or intermediary is an excellent start.  

He does excellent rehabs and stays in constant communication and explains everything in full.

Negotiate an excellent deal and structure your syndication to benefit LPs heavily in their favor and the money will come. 

I was thinking ​some type of homeowners policy, I didn't think about builders risk.You're very welcome, Stuart made an excellent point about having contractors add you as additional insured.

I observe investors dismissing so many properties that fail to meet this arbitrary standard but perform far better than properties that pencil as "1" properties" on an excel spreadsheet. 

Both the daughter and Dad have excellent credit history but feel this is a red flag. 

I know an excellent realtor in Waco.

@Will Gaston - I spent the afternoon reading through this thread - excellent information and I really appreciate your willingness to share your experiences.

Just make sure your PM has excellent accounting practices in place as trust accounting can get out of control fast.