In this other individuals post, at least he only lost his own money instead of a clients.

Sure, but there really isn't any difference than when you buy as an individual. 

Hi everyone it's nice to be part of this large group of motivated investor's, I am just starting this investment journey in the Eugene, OR area looking to find some local like minded individuals to share some idea's and help each other towards financial freedom.

@Patrick Hall@Linda Weygant@Yonah WeissThe distinction is between (a) Individual Retirement Arrangements - IRAs and (b) Qualified Plans (e.g., 401k, profit-sharing). 

I think he's done 2 webinars with Brandon and Josh on BP.I would look into changing the utilities you pay into separately metered for the individual apartments and get that off your back and make the tenants responsible. 

For instance, if I stashed away 10% of the property value or a certain fixed amount in the account, can I then start diverting funds to a general account and snowballing the excess funds onto individual properties or as personal income?

Also, would like to meet a group of like minded individuals in the area.

As far as the 203k itself goes, they are a great product, however they can be a nightmare if you don't have all your ducks lined up. 

they require a low 1.0 debt coverage ratio so as long as your rents cover PITIA expenses then your good to go, cash out is required to be used for "business purposes" only their retail division is Cash Call mortgage, FICO can be as low as 600 and cash out LTV's from 65-75% based on credit, I used to work for IMPAC as they were rolling out the product, it is pretty competitive in the market for this type of financing. 

Luckily that individual only put their own money at risk instead of a clients.