If they roll the points into the loan (as I do) the borrower usually only pays their closing costs. 

Positive and negative feedback welcome since I am still learning.

Real private money usually starts from someone you know well.

@Cassidy Burns  Same way you find a mate, you've got to kiss a lot of frogs...I usually do the planning but I listen to the contractors suggestions.

There's a BP get together group that meets once a month, you can attend a TREIA West event (near Cary), a TREIA main event, TREIA subgroup for newbies which Tim Masters runs....Triangle Deal Maker Sessions usually meets the first Monday of the month (it's the second Monday in September because of Labor Day)....

If he can't get them occupied after Reno then his negative cash flow will be even larger.  

Appliances are usually listed in the purchase agreement.

Usually it is the tenant that initiates the move out in a constructive eviction.

Having been registered as an approved plan with the State, a proprietary system has already demonstrated through testing data that it meets or exceeds certain requirements.When utilizing a Proprietary Standard Plan Approval (SPA), plan check fees at the building department can usually be avoided.

I think usually a buy-sell agreement so that way if someone wants to sell they first have to offer it to the partner.