It mainly depends on your personal risk tolerance. 

The main point we were required to give up was the borrower’s personal guarantee (PG).

3,6,9 months….it all depends on your personal comfort and if you want the risk of running low of cash and risk of loosing/damaging your property.

I do not think that is a bad quote (of course this is coming from the person getting $5k-$7k quotes to replace a tankless hot water heater...). 

Sure thing - IRC 1245 refers to Personal Property type assets - think of all that 5-7 year property you pull out in a cost segregation study. 

Buy a solid home, in a solid location where you can break even or cash flow a little and that will appreciate well over the long-term. 

There should be a person that is a direct contact that you have been in touch with along the process to make sure you finish out the project and that you check in with on the property rehab.

But, for a person who's done ZERO deals, a person who's done FOUR deals would be little higher and they'd be willing to take a guidance from.

Persons with a criminal record are not a protected class.

Be honest they'll figure out you are owner eventually, after all the information is public, best to start the relationship on solid ground.- Maintenance & Repairs: act quickly on any request, use the opportunity to upgrade, set expectations for the common areas.