I have been taught that some private lenders do not require money down.  

There are companies offering interest rates sub 6% for a 30-year fixed mortgage with only a 20% down payment required. 

In Nevada there is a required sellers disclosure of any issues past or present with the house.

I'm also surprised they aren't requiring both LLC members (owners) to personally guarantee the loan.BRRRR's can work with any interest rate, obviously harder to see good cash-flow right off the bat with rates where they are BUT in the foreseeable future you could refinance to a lower rate.

Hi Hunter,Deals with similar prices can have varying reserve requirements as different lenders have different requirements.

If a city wants to ensure landlords meet basic living conditions as a requirement for permitting that commerce, fine - but no tenant should *ever* be allowed to live somewhere without paying the rent.

It's a fantastic way to grow your portfolio while deferring taxes, but it requires careful planning and adherence to IRS rules. 

@Ayyoub Reza in Michigan, if a lease is at least 12 months in length, you can charge tenants for maintenance and if not a health & safety issue, require them to fix it.Why would you have a lease end during the Oct-Feb timeframe, when it's the slowest time of the year for real estate sales & rentals?

(I also would like a loan that doesn’t require a high down payment). 

I do not know who would, I would not, but this contract above is saying the owner of the property would be required to defend an employee of the PM for this instance - someone goes on property collects rent, gets in a fight and kills the tenant....