Typically over 5+ units 25% down is optimal but 20% is possible..I don't think I'd recommend a property management company for your search, likely a multi family focused investor RE broker and strong nationwide lender.

But using a HELOC is a risk because a) the liability is against your primary residence and b) current interest rates on HELOCs, which typically adjust after the initial term, are anywhere from 8-12%.

Given the equity you’ve built and the cash reserves you have, this option might allow you to leverage better financing terms for the new property.

They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.

We have some great options for both if you need a second opinion.

I am now reviewing options on getting that refund.

I'm just about to close on my first four-unit, which is probably typical of what is available in Maine, in this type of neighborhood, at this price point - which is old housing stock, tons of deferred/poorly done maintenance, and relatively high labor/construction costs. 

His rehab costs were less than what I Typically pay to paint the interior of one of my rehabs.  

I don't understand why anything else would be an option.

I was thinking of offering Zelle, Venmo, cashier's checks as options- I want to try the inevitable situation of having a personal check bounce.5. what platform would be recommended for a lease generator?