but finding that off-market deal or connecting with someone who is just starting to think about listing a property and hasn't yet is your best bet.

I have totally required a unit because of knob and tube — make sure it isn’t more extensive than you initially think.

She gave the example of a friend and their kid betting on whether they'd like a movie or not.

We were just notified that two tenants are subject to eviction, and one other tenant has given notice that they're vacating before we close on the property.This means that we could potentially be looking at a total of 4 vacancies, as opposed to the 1 vacancy we thought we'd have upon closing.

I haven't looked at their calendars recently, but your best bet to find a local meetup are the 3 area REIA's:utahreia.org, nureia.org, slreia.com

I know when I do deals I custom create terms for my folks and not all terms are exactly the same. .. remember this is total beginner borrowers who don't know what they don't know that is who would respond to a no money down 100% loan.. with the highest rates in the industry right now.. ( which I totally get and would expect for the risk they ultimately take when and if they close a loan for a beginner with Zero money down.. 

@Brian Dombrowski any time you are providing private money, whether for equity or as a loan you best bet is to have a lawyer that specializes in RE draw up the agreement and assist you with the structure.There are a dozens answers to your question depending on many items, with who and if all the investors are under the same LLC etc. etc.Every investor I know that has done private financing had their lawyer draw up an agreement that the "borrower" accepted and signed. 

@Kerry Baird ARE THESE NORMAL TERMS FROM A HML (SORRY ABOUT CAPS IT WONT SHUT OFF)Fees that account for your total amount due at closingDown Payment 10%-15% (550 programs require a 20% down)Interest Rate 12%Construction cost 10%Loan Fee 5%6 months reserve of monthly interest payments Title FeeInsurance Fee We have two programs the 550 and 600.

Otherwise Johnny could be totally trashing his room and nobody would even care to report it because they have no responsibility.

Today's market is tough in most places; keep looking and don't compromise this is all about making money and I don't bet on appreciation at this stage of the market.