When you have rental property, you will have the ability to itemize the expenses for the upkeep, utilities you pay, general maintenance, property mgmt fees, mortgage interests, and other misc. expenses.On top of that, you also get to use depreciation over 27.5 years.

I also want to have the ability to have third party investor be involved with this deal.

You may have a hard time finding an institution that will lend to you given you the complete ability to purchase the property in your entity due to the short existence of your entity and lack of collateral in your portfolio but shop around some smaller lending institutions may be more willing to lend to you under those terms. 

Probably too big to bite the first year but in year 3 or 4 after you have some management experience and the ability to turn assets around, maybe start taking chunks off at a time.

If the applicant is 100% self supporting through employment then they have proven their ability to pay.

I'm wondering if anyone has experience with bathrooms upstairs vs. downstairs and whether it has any real impact on rent-ability or tenant turnover?  

At Lead Busters Inspection Services we pride ourselves on our professionalism, experience, and ability to add value to homeowners!

What I have found works is to leverage...both your existing properties for Equity but also your other Assets- then you can open up new borrowing abilities or you can even self finance based on the equity you extract.

This will translate into your razor sharp ability to analyze the deals you're looking into.

I'd like the ability to make cash offers to motivated sellers that can close quickly.