But of course, you want to get a pretty good idea of the strategy from others that have been successful. 

I’ll wait.Protect your downside, watch your 6, trust but verify, invert always invert, avoiding stupidity is easier than seeking brilliance, avoid crazy at all costs… all reiterate the same basic idea.

The amount of rent is based on the AMI which can be found here in this handy chart:https://www.sandiegocounty.gov/sdhcd/rental-assistance/income-limits-ami/so the calculation looks like this:For a 1BR unit (2 person household) at the very low income level you could charge a max of 1/12 of 30% of $48,500 or $1,212.5 per month.Also, in the agreement that I've seen (which was for a different City in CA) there were some restrictions against students.  

Focus on figuring out how to make deals in today's environment.Your idea does not work anyway.

I would stay far away from cash, that is just a bad idea.

Have them walk current or finished projects to get an idea of what they might charge for future projects.

Probably has limited insight or experience with investment properties3. 

Thanks Jordan, that is a good idea.  

I had an idea that my hands would be tied  if I did the portfolio loan but I wasn't exactly sure what the cost would be. 

You will soon see why talking about mentors in an open forum is a bad idea.