No...a 1910 house will require more repairs than ever revealed from an inspection or walk-through. 

NOI, and thus cap rate, feeds into how much of a down payment is required b/c it feeds into the "sizing" of the loan.Many asset classes, like apartments and offices, have less than ideal in place cap rates today, so you need 35% or 50% down to buy them (unlike a DTI-based home loan, your personal W2 income cannot be used to significantly offset).

In fact, I paid for 25 photos but was actually able to upload 48 without issue, which is a feature that costs $300 when purchase straight thru said broker... meaning I saved $150 in some ways, as the extra photos was the only feature I would've paid more for.It's a PITA to fill out all the info & disclosures required for the MLS... however, I'd assume that I'd be filling out most of that info with a realtor anyway. 

And get it done by a lawyer- just to make sure all the required language is there.

In Minnesota, an inspector is not required to have any licensing or certifications, although the best inspectors are ASHI-certified.  

However, in working with sub contractors it is going to require more frequent payments to them vs the one or two draws I would request when working with a GC.

Some/many states require the landlord to provide the bill for replacement (not what it cost the last time they did it). 

We manage ONLY transient occupancies - i.e short term stays under 30 days, for which no brokers license is required.

Maybe that lender has some sort of weird requirement regarding where the funds need to come from, but typically a HELOC isn't an issue....

Reflecting on the similarities between the financial challenges of 2007-2012 and the current market conditions of 2024 sheds light on the resilience and adaptability required to thrive in this dynamic landscape.