What ever you get, make sure it can fit full sheets of plywood and drywall inside. 

@Carmen Lewis did you ever get an answer to your question on if the t-b needs to come up with additonal cash when they refinance?

Has anyone ever won a Hudson and Marshal auction (no reserve price) and then been told a different price?

One with skin in the game ($$) would also allow you more flexibility and to potentitake on larger projects. 

I have no experience with financing larger apartment buildings and I’m wondering about down payments.

The expense you incur is your "tuition"; and modify your process in order to never, ever make the same mistake twice.

The most a neighbor has ever charged us was $20 and some just say not worry about it. 

But I do second the vinyl planks... what's amazing about those is that you can re-use the flooring if you ever have water damage.

I was a senior in college studying business management, evaluating my personal financial situation, and determined to be a wise steward of my first paycheck after I graduated, knowing I’d be climbing my way out of about $20,000 of student debt and several grand in auto loans.WhIle searchIng for somethIng productIve to lIsten to on a jog I found the bIggerpockets podcast.Ive learned more from BP than I ever dId In college.Despite math, my wife and I made the personal choice that we’d pay off our student and car loans before we got started.Fast forward three years later we paid everything off and saved $20,000.

I have a great Indy inspector that goes through everything as if he were buying the place so if you ever need a reference let me know.