Unless you can raise the rent I don't see the value in this deal.

Perhaps, raising his percentage or cut higher at least throughout the construction phase or even long term. 

That is of course, unless they have record of an attempt to contact you with the information, in which case they could raise a dispute and successfully stick it to you.

As mentioned, Cozy offers free ACH, but if your tenants are low income, they likely don't have bank accounts to ACH from, and forcing a 2.75% increase seems to be raising their rent, even though it is a CC processing fee.As for the bookkeeper piece, I would not expect a bookkeeper to have some plan for you. 

Money would be a consideration, but I believe I would have the means to raise capital if the project had a sound argument for success.

I then went and visited a couple vacant homes and the listing agents all said that showings were strong.But, I also just tried to raise a million dollars in equity for a condo conversion. 

DO AWAY WITH RENT CONTROL AS WELL SO LANDLORDS CAN RAISE THEIR RENTS IN THE FUTURE TO MAKE UP FOR THIS GOVERNMENT IMPOSED RENT HOLIDAY WHEN THIS CRISIS IS OVER.THAT IS THE ONLY FAIR THING TO DO.

The optimal time to raise capital and the optimal time to deploy capital are often at odds with one another.

Also beginning to have the capital raising conversations with my current network with some success.It you have advice or contacts or may be interested in investing in those markets let me know...Thank you!

In order to raise my own capital, I want to get in to some fix and flip and wholesale deals to generate operational cash.I am looking at the San Antonio, Texas market to start fix-and-flip and wholesale property until I can get my license, which is now required in Illinois if you want to complete more than one per year.