I'm also a little shocked that 800 sq ft for each side, 2 bed/1ba pulls in $650/mo.

I am shocked.  

In an arms length deal, I'm shocked a seller would seller finance with the buyer putting "NO MONEY DOWN" All the late night real estate scams on TV were right, I was wrong.

People may think crowdfunding money is "dumb' money, but I would be shocked if a platform touched a complete newbie and even more shocked if it got funded.  

So if this is the case the owner should have no shock or hesitation to pay said fee.

Looking at the 6th unit, I'm shocked they are getting $500's for rent on these units as I wouldn't think they wouldn't go over $400-$450.  

I have preliminary drawings of the dimensions of the apartment and units.

After all, you wish to receive the benefits of a rental later.Once you gave the preliminary title report from a title insurance company or abstract company you can copies of recorded documents, including any liens and mortgages and either figure out what you have or pay an expert to explain it.

Preliminary title search (provided by Auction.com) looks clean with a divorce a few years ago and a foreclosure later .  

The lender says that for investment properties, they require 25% (not that shocking)  but we could apply for a "second home loan" which only required 10% down.