Just a solid single family home, well built, in an area that is perfect for long term appreciation due to proximity to DC.

Pete/Tampa areas who are ready for some work, please provide me with their contact information.

My experience in Baltimore is that while we have plenty of multifamily listings, there aren't many priced really well upfront and most require work.

Nobody really knows how low they'll go but I agree with predictions of 20-25%...and I wonder what Agents are doing to make up that delta in their revenue.We diversified well in advance knowing we needed to create additional streams of income, ideally by simply focusing on what we control, the size of our roster, and more effectively monetizing all of our current transactions. 

If you only have $25k to your name, and you have investors that understand the impact potentially losing that $25k would mean to you, they very well could say $25k is enough.As for encumbering a property you are syndicating with a second mortgage for your capital, no.

an advantage might be something like:-used to live there and know it well-it's close by-have friends and family there-like to vacation there / want to own a second home thereif i were you, i would pick a market you can go to in person often, or at least in the beginning when you can look at properties and set up your team. 

Providing owner financing.

I could also ask him to provide a report from his business (he is self employed) of his P&L and transaction reports to make sure he is making money etc. 

Well, no.  

This is the capital that's provided for everything from the time that the LOI is accepted until closing (ex.