There are two schools of thought on staging. 

@Laura MacDonaldI feel like at your stage in life and the area in which you reside, your best bet at achieving this right now would be to trade in High Priced Denver area (cash out) and start a base in an emerging market. 

I think that a professional opinion on how the business is being run, its vulnerabilities, how to protect against the downside, etc, could all be of benefit at this stage of scaling the business.

Perhaps arranging for a HELOC on the condos may be a better option.If you are getting several under your belt, you may want to look into putting them under a corp or using Section 85.

My first contractor may have bitten off more that he could chew and ended up bailing on the job 1 week before close and we had to rush to find another contractor who charged up 30% of our 35k rehab loan to be the General on the job and my wife was still having to make to phone calls to arrange the work with the subs...Contractor fee $6.5kWe removed the boiler system and added central air and heat. $12.5kHung new ceiling fans $350Laid carpet in the first floor $2,300Replaced the back deck. $4kReplaced the front and rear entry doors. $6,500Other misc that I have not accounted for here.

Not sure the stage of the contract your in but have contingencies been removed?

Has anyone had experience with this sort of arrangement?

@Rachel Leonard had a good point about the types of tenants that seem to be desiring that type of arrangement.

So you'd probably want to have some idea of your local rental rates and take that scenario into consideration when you run your numbers and arrange financing

Yes, that can be a red flag to a lender.Bond for Deed/Title is a different matter used in the state of LA, I've been under the impression that arrangement was unique to LA and you had a CFD in your state.