I get a title policy paid from the title company that ensures I'm really in first position.Your credit and cash reserves do matter.The deal itself matters a lot.

Sorry this is not helping too much, but I think you should perhaps look for referrals for competent CPAs and pay their rate as opposed to looking for a CPA at a certain rate and obtain their services.A good CPA, financial planner, estate & wealth planner (like myself, hint, hint) would see just from your small description that you may need some planning and structuring to ensure good asset protection strategies, long term wealth growth and benefits plus estate structuring to fully protect and preserve your valuable assets for the future.It is true that right now is an extremely busy time for accountants and if what you are looking for is not a tax return, then most places would hold you off until after April 15.Joe

I think that may depend on who has your loans and accts but my guess would be yes just to ensure that money was credited appropriately and you don't end up paying 4 month on one loan and being late on 3 because the bank didn't understand your intention.

Finally, some of the profitable condos might not be the ones you would ideally want to live in initially either depending on the neighborhood. finally, you NEED to check condo bylaws to ensure that renting is allowed and unrestricted before you purchase. some ban rentals or have restrictions and you need to know. good luck!

"Upon move out" indicates that as soon as they move out you will refund the deposit, are you not doing a move out inspection to ensure there is no damage outside of normal wear and tear?

Now, some reality on the down side, you may not be able to stay in, to ensure you can you'll need to make some career decissions along the way, staying with jobs and specialties that are in demand.

If I do it this way, it would be almost zero Cash out of pocket.However if a private lender requires me to bring money to the table to ensure there is skin in the game, i would consider it.. 

Ben summed it up, numbers don't mean anything in reality, except ensuring that your horse isn't eating all the hay before you buy him.

After one year, or long enough to show future investors that the numbers DO actually perform, open the opportunity up for investors as a second mortgage (in the amount of the 20%) and provide them a fixed return (8-10%), after of course running the numbers to ensure it still cash flows with this second mortgage.  

Like any asset driven business, you need to set-aside sufficient reserves to ensure the long-term viability of the asset (or whether long-term viability is even an option).