I'm using "normal" in quotes intentionally as different schools have different cycles on when leases get signed for the subsequent year.  

Mostly, after the first small down payment, subsequent payments are based on milestones of task completions. 

The only online information I can find is relating to inspections reports from a previous buyer that ultimately did not purchase and the homes was subsequently back on the market and another buyer then asks for those reports.Thanks.

Or is the initial equity essentially tied up and unavailable to for subsequent deals until it is paid off to the initial credit equity line lender?  

The deferred basis is rolled into your replacement prop(s) so you would pay those taxes when you eventually sell the replacement prop(s)....unless you just keep executing 1031s each time, rolling more deferred gain into each subsequent property until you die.

Subsequently I'm going to continue to evaluate and search for properties to get my own foot in the door. 

While it nets me a small positive every month due to a large down, I'll have to get more creative on subsequent deals, therefore your approach is very helpful. 

Plus, you have a solid down payment going into the deal.Regarding subsequent deals, my favorite episode is Episode 113 with Jay Papasan.

The first loan is typically a bit more of a pain in the ***, but once you have established a relationship with the bank, they move quickly in subsequent deals.  

I think generally, if you operate your business in an ethical manner, you'll invest ethically after Harvey (and Irma if that hits).I think the free enterprise system is the best, most ethical option worldwide among all competing systems.