This is my first investment deal and I was looking for a safer option where I could get a taste of renovations and a taste of the process.

Also which one do you prefer?

This is perhaps the least risk member category.Limited partners make all initial equity contribution, pays no holding costs, earns 8% preferred (Level #1) with a catch up provision to the Sponsor on net cash flow up to 15% (Level #2)  and with the equity split afterwards  on remaining net cash(Level #3). 

Kids will be out of school in the next few weeks and in general, most people prefer to move during nicer weather.Glass half empty- well, you could probably come up with many assumptions yourself but I would stay positive for the next couple weeks and see how some of this plays out.

I'm not afraid of professional memberships as a cost of doing business but would prefer to hold off on it until I'm ready to make the plunge. 

Some may prefer to utilize the convenience of technology while others want to maintain personal relationships.

However, I am highly interested in the US real estate market, and I do prefer to go for leverage rather than a huge down payment.What would you recommend please?

@Ed Gonzalez it’s best to put the least amount down provided the investment cash-flows with all expenses accounted for including Capex AND provided you have a healthy reserve account of at least 6 months worth of PITI payments but preferably a reserve account of $10k to ensure you can keep your property.

If you are very active, you probably prefer to stay more liquid.You also have to understand... the more you finance... the lower your cash flow.

Their lease doesn't expire until Aug 31st but their preference is to get her name off the lease now and to start a new lease in only his name starting May 1st.