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I don't know CLE per se (I'm based in STL), but I know the financial side of gut rehabs in urban centers of big cities.

Public records are also scarce.  

Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.

The key is to ensure the HELOC doesn’t turn into a long-term financial burden if the partnership doesn’t pan out.

May affect your ability to work in the financial field, or in any managerial position of a company that’s raising venture capital8.

@Joe Gellenbeck Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

Making sense of the deal and understanding their track record is important, of course, but I believe you should develop TRUST before you invest.

Additionally, ensure that all necessary notices for filing an eviction have been posted and properly documented in your records.

Partner Driven provided the full financial backing for the purchase and renovations, totaling $113,500.