If you are soliciting people that you did not know before then they need to have a worth of 250k to be an accredited investor .I've talked to flippers who basically pay a return on money to people who go into a deal with an annualized rate and then maybe some basis points.

You do not want the cheapest tax returns in town.

Deferred maintenance is often a simple/cheap (relatively) fix, but neglect can be the cause of major systems failures or issues, which can destroy your returns, so be sure to have a very thorough inspection.

All of these areas, with the exception of the very center stuff -- midtown/montrose/downtown, can be found with great returns. 

Investing in Sacramento for cash flow comes down to what you are expecting in return and what type of tenant and area you are okay with.

The interest is income to bank, and it should be deductible somewhere.The cash that is taken out as equity refi  will make the investor whole, just as distribution or return of capital. 

On both of the two that we escrowed money for the inheritance tax in the last two weeks, no interest was paid and on one, I think most of the escrow will be returned. 

If you are really cash flowing $850 per month (including maintenance and CapEx) then you are making a 3.7% return on equity annually.

What are the value add drivers and the anticipated returns of each?

You can easily get 8% cash on cash return in Baltimore for the right property.