However we are the number 1 seller in the greater Cleveland area so it has proven to be the most effective method on the planet to moving investment property in the Cleveland area.

Knowing that I want to be able to scale the business beyond 4 mortgages, is there anything that you would recommend doing at the start, to structure the business in a way that will make it easier to obtain future financing?

@Ian Ray Not sure if you plan to hold all 3 but it depends on the deal structure and that we can see the numbers on a BiggerPockets calculator for example.So what would help us all here in analyzing this deal without disclosing the address is to provide the following to the Potential Partner.Number of units?

An alternative would be to apply the RUBS billing method for water/sewer, which costs no money.

@David Frey the method that many of us vets talk about is using your BAH to pay for your SIDE of a property. 

The first floor needs full rehab, structural issue estimated at 12K.

This method allows you to make very large depreciation deductions from your property, to offset your income tax.

We purchased a property in Chicago at auction that is one of the standard Chicago greystone multi unit structures.

I brought in a structural engineer yesterday, and he confirmed that this was the issue and it needs to be fixed.

Does it cover replacement of the structure or simply what's owed (assuming there is a mortgage in which case the lender is paid and you are left with a smoldering pile of rubble)?