Having formal lease agreements with teammates and family members is essential.

It is essentially a 1-year term policy that is renewed every year.

There was hardwood underneath but I decided to put underlayment and luxury vinyl over it (essentially encapsulating it). 

It needed everything so we essentially gutted it.

So essentially trends that had already existed prior to Shelter in Place are being exacerbated by the onset of the ordinance.

This is the scenario in which you can essentially pull out every dollar you put into the deal once you cash-out-refinance.That being said, on a positive note, you have still accomplished one of the hardest parts of real estate investing which is to just take the first leap!

This essentially informs you of the extent of what you are buying.

Essentially, I would be asking for a max loan of $1.5MM in exchange for a portfolio worth $2.7MM.

Even if it was essentially turnkey, I would be pretty skeptic of it needing almost nothing at all.

@Ryan HanrahanA private money lender will not get you money for a down payment , but you do have the option of using vehicles like Perosnal loans , credit cards ,and lines of credit which would essentially allow you to buy the property with none of your own money.