We would secure an investor to put up 20% of the purchase price (the down payment) but instead of taking that "cash" to closing along with the 80% from the bank - I have worked out a deal with my bank to put that 20% into a CD and the bank would then loan the full amount and put a lien on the CD.

Establish a relationship with local credit unions and some big players like AMEX.

They are some of the bigger RE players north of 8.

Some areas that are good fixer-uppers at a solid price are the "Opportunity Zone" C/D-class areas near the West-End.

I'd love to connect with some local active players. 

Iowa City has some pretty big players in the student market, and it can be difficult to find quality while being able to act fast on something.  

A lot of this depends on the existing relationship, how big the players are and the depth of their pockets.

Intended to be a passive investment, but things changed when the builder passed away and communication became a challenge with the new players.

My biggest passion though is hockey.I wanted to see if there are any other passionate hockey fans, players, coaches, parents, etc. in this community.

If you wanna do C/D low income rentals, PM me.