The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

I have no idea about liability.

I think a lot of investors you may be competing with are going to break even or even have negative cash flow initially on their buy and hold investments.

He wants to retire, but he can't really sell the portfolio, does not have that much equity and he is holding it together with both arms, so he can't step back.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

As Erik mentioned, normally banks that hold their own notes are the only that can push a good ARM product.

So you may not be covered for a month's rent - don't count that chicken yet.4) Assuming you can hold them responsible for rent, you should still get the property turned as quickly as possible to avoid the vacancy loss.5) Determine the loss in physical damages, vacancy, etc. and send them a bill. 

Any ideas on where/how I can find these individuals would be greatly appreciated!

These types of lenders will have a better idea of what is and is not a good deal. 

The only thing holding us back is again the appraisal so we're calling a new one since we had an appraisal done 5 months ago that came in at $430k and this new one is at $373k (there was a sqft discrepancy between the way each one was calculated).