I have discussed the idea with a friend who is also in the REI space and we are considering a partnership on the new multifamily unit.  

We are into the property $65,000.There are a couple of ways I've thought about doing this:1.

Up until now I've been using private lending partners, friends, and family money but we are buying more homes than we have funds for so am looking for alternative funding sources.  

WE purchased an investment property that is vacant at this time we are looking pull the equity for repairs and to purchase more property can anyone guide us The property is located in North Carolina

We are trying to purchase two vacation rental condos here in Tucson.

Keep in mind that we are all growing our businesses so the generic "what do I need to know" may not get many responses.  

In the short term, we are currently in the process of defining our goals, educating ourselves, developing our team, building reserves and learning how to analyze deals.  

What red flags could you see?

The only caution I would say is not on the insurance side but on the sales side, if I walked up to a property and saw a bunch of patches on a roof it would be a red flag to me.  

Recently installed it (Red Rock Hickory) in one of my units.