Feel free to connect with me on this stuff, I work with these entities all the time for a variety of clients - I can help with any questions you might run into.This isn't legal advice, just my opinion as a real estate investor.

You’ll have problems from a variety of tenant classes just avoid D/F properties, section 8 or not!

I didn't take into consideration the varieties of class C's.

I've been doing this for over 15 years for a variety of companies and industries. 

It may be a minimum percent (calculated and payable in a variety of ways) and you mentioned, a lien on the property, or even some of the equity/upside potential.

You have found a great place for networking with a variety of different people on all kinds of real estate topics.

All you can really do is minimize the possibility and it's impact, utilizing the variety of suggestion already given. 

Well - here's the thing...Newbies come in 2 varieties - those who don't know either real estate nor life, and those who just don't know real estate.

There could be a variety of tenants, but that might just be me looking at the numbers and refusing to see that it just wont work.Could I ask then, with the numbers provided, what kind of offer would be feasible in your opinion.

I invest in apartments as a passive, do rehabs, wholesaling, seller finance, have a SFR, and am an occasional private lender, so I'm well versed in a variety of investment options.