However,  to answer the part of your question that can be answered here,  I think Hard Money is proper if you plan to offer one or more of your rehabs as to secure a loan and you credit is suffering. 

The differences between the two are as follows, a circuit breaker functions like a switch, each time the circuit it protects experiences an overload situation(too many appliances using the circuit simultaneously) the circuit breaker automatically switches to the tripped (off) position.

They will come out and inspect it and make sure it was installed properly but the wear issue is definitely something that is covered.  

No deal is worth doing if you don't analyze the deal properly and understand your goals. 

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.7.

This assumes you have proper insurance policies.

I am working on forming a possible partnership with someone who owns multiple lots (lots are SFH up to 16-unit apartments).  I have the construction contacts and access to funds for the ground up construction (1 build...

Having no money is a indication you are not able to properly manage your finances.

Is you're electric sized properly?

It will be hard to judge what's a well planned and functioning REIT if you haven't invested yet.