I am talking serious money especially if you do not expect this property to appreciate much in value over the near future.

That's interesting to hear, what is the time frame that she expects it to have a downturn?

Expect yearly turnover if its a rental.

Don't expect sellers to just hand these to you. 

Just using the "50%" rule, you can expect to continue to pay around $1250 per month on average over the life of the property in those types of expenses. 

You have to do your own underwriting and make offers based on what your investors are expecting for returns.

The repairs were painting the entire unit for $1,650, a ceiling fan she claims was broken for $125, a stove filter for $170 and cleaning the unit for $320, she also has small items like a door hinge.

Your structure depends on your investors so it's important for you to understand what your investors goals, objectives, and expectations are.If you'd like some more information on this topic, it just so happens that my business partner and I recently did a talk titled 'How to Raise Private Money...Magnetically'.

To be honest, I saw some of the text on their site and the English felt a bit broken.

For example, one home has a broken window.