That's a rough area Tim......You're going to be dealing with an uphill battle getting quality folks to take on a property like that one.

I started out managing everything in excel, then switched over to QuickBooks Online at 3 properties.

Hello Yishi,I deal with 1st position mortgages on New Construction, I would say that investor capital can be all over the place in terms of rates. 

If you write a quote for those for me, is there a deal to be made for doing all 5 of them!?" 

Each deal and your particular situation at the time will determine what is the best financing route.

., (I don't know the philidelphia sub market, this might not be a deal) $125,000 Purchase, $75,000 rehab, if you can get an appraisal for $300,000, you can get all your money out, and probably cash flow $500+ per month.If I started investing again, I would have started with getting my real estate license.Happy Hunting!

Are they just capital partners while you go source and run the deals from start to finish?

I would do something similar, but it might take longer to see results since you are in so many markets.You might want to consider using Investorlyft to dispo those deals since you are working in several markets.

Do you have the 40% ish you will need as its your 1st deal?

For you as a seller, what are you getting from this deal that you couldn't get from a deal with a newly financed mortgage?