Our portion out-of-pocket was the $3K deductible.I'm friends with numerous apartment owners. 

Lenders see all, including how little margin some flippers are operating on.  

I take a percent off of total top line (including cleaning fees) that is 5-10% less than what a local "hands on" operator would charge.

And for example there was a Crowd Street deal (Nightingle) where the sponsor omitted losses from their claimed track record (and ultimately was fraud...they never even bought the claimed property).And there appeared to be some difficulty or confusion with obtaining the full and complete track record ( including both realized and unrealized deals).

Would that loan include the renovation costs based on the ARV?

I'd say the logical paradigm in the question is a bit off.CRE includes everything from airports to golf courses to hospitals to campgrounds.So saying "residential versus commercial" is like saying "bacon versus plant life."

You would also want to ask what is your current rate, what rate can you get, what are the closing costs that are involved including points, ect.

Setbacks holdbacks include a crazy complicated parenting situation (husbands ex) who aggressively pursues our money.

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home I do want to also add that my banker who is the VP of lending and branch manager has been banking me for 30 years..WE have been through all he ups and downs including the GFC were I got almost totally wiped out financially..

If i was giving someone 65k I would be on a plane and meeting them in person.Cannot say this about this website, but there are plenty of scams out there to take advantage of those in distress, including syndicators.