Many out there preach that if you invest in a syndication and if you cannot afford to lose it all, then do not invest it.

And then put the money into his own HYSA so it is earning a little interest for him while he starts to spend it for his repairs. 

For finances, we can stay on the residential side of things with mortgages until 10 mortgages or when it gets challenging with regard to reserves, and then we used commercial mortgages which lenders expect ownership in an entity (go look into entity formation), and from that side of things we need to show income. 

Then you add the the ADU and now the owner occupant and the investor would both pay $1M or even $1.1M.

It's not an easy trek, but if you are absolutely committed and have access to some significant finances to invest, then it is achievable.

Many of them make big promises, then provide very little actionable advice.Second, what you are hearing about is referred to as "arbitrage" where you rent a property as a long-term rental for a set price, then you furnish it and try to rent it on AirBnB for a profit.

The wholesaler has been in escrow for 3 months before me, and then I was in escrow for 2 months waiting to close.

Then, go ahead and bid on a property.

It does require some kind of power, but if you have A/C and heat then it works off of the one that is not currently pulling power.

If it was an investment property then some would consider it but it would still require 15-25% down payment - as some lenders will do 85% of purchase + 100% renovation but no more than 70-75% ARV.