You can’t buy typical value add deals as the requirements are such that you need to improve the property using investment equal to value of the improvements.

The face value of your money is equal to the same thing inside your rental (equity) as it is outside your rental. 

If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.

For Fix & Flips 90% PP 100% Rehab - There are 100% financing options as well if you can secure a property under 65% LTV - You can also establish a LOC equal to 10x your liquidity up to $20M if you will be doing a lot of BRRR deals - PM me for options

All three must work as one as each is dependant on the other two "equally" for your success.When I do market analysis, I don't use/follow pretty much everything you mentioned above...probably about 80% of what you listed above I either ignore or go in a different direction. 

The question then, is should each property equally have the same amount of expenses set aside for expenses each month?

In conditions such as those we face today, fulfilling redemption requests would require us to either substantially deplete vital cash reserves, or, even worse, potentially sell assets into a down market, likely at a price far below actual value.

If so, what vital information do I need to have in that CRM?

Understanding a Mortgage Appraisal - Part 1The first thing to understand is appraisals are not all the same or equal.

If so, their interests in the house would have absolutely been settled and documented in the divorce decree, as well as a vital portion of the "You can have the house"  conversation....