As long as he purchases at least as much as the investment allocation from the sale. 

Hard money and bridge loans are fast but better for short-term fixes, while commercial real estate loans are for bigger projects.

I will try to assemble all related questions in this one long post, based on my 25+ years of charging my clients and networking with my peers.1.

Make sure your site meets the 'above grade' numbers, and 2nd means of egress requirements.So long as you can do the project as per local codes, you must allow each unit to access their own meters/breaker boxes.Hope this helps. 

Or course there is always a deal out there and people can still be successful in this environment but the days of finding a property on mls and having it turn to gold are over.

If you think it is a great house in an upcoming area, you could offer a bit below market value as long as your cash flow numbers work.

ConnectLinx.com said we were good to go as long as no changes were required on how they were planning on distributing the leads.

Are you thinking of a long term rental, mid-term, or short term?

would love to help, we are doing long-term rentals in southern DFW and have seen a lot of success - we now have over 150 units. 

TICs have fallen out of favor but as long as they are structured property and are run by a good operator (see point earlier) they can be a good alternative.