A personal loan (business line of credit, cash advance, loan from a friend, etc) cannot be used as a down payment with a lot of the lenders I work with since these loans are not secured by real assets. 

The Attorney that wrote up the contract does business in SA and Austin.

I’m marketing my business proscopeatl dot com, I’m brand new to this group also and don’t quite have the do’s and dont’s figured out for posting my website.

As a mobile home investor myself, I find that talking to people who work in the business has helped me many times in the past when it comes to due diligence, market research and referrals. 

But as a disclaimer, I have been let down by a contractor who was recommended so it is not the end all be all if someone is recommended, but it's a start.The problem is, to get the network up and running and continually doing business: That is finding projects, analyzing projects, offering on projects, securing financing for projects, fixing projects, selling projects. 

Purchase price: $80,000 Cash invested: $15,000 Turn key business with renters in place.

As the customer, the difference between Neighbor as the business, and the "host", do not really matter to me.

This is a small business (husband and wife) that's not even registered as a property management company.

Hi Ion, it sounds like you're on the right track and have a solid plan in place for growing your real estate business.

In this case, I would do my best to help them without causing my business financial loss.