Might be more problems for you down the road if you don't do background checks or qualify people's income.

I get those emails from a realtor too and sometimes have to scratch my head.  

I've been self managing for years and have got a solid process down for finding the right resident. let me know if you need any further help! 

There are lenders that go down to 75k loan amount some states may have loan amounts and PPP overlays.

Thanks for the heads up I did not realize you could buy tenants out without notifying the city of the buyout, which is what i already did.

@Jackie Lange I know there are 0% down financing options out there but I've heard they are very difficult to do, especially for someone just starting out that doesn't have a track record.

So a project's capital requirement goes deeper than the down payment. 

That's only 45 bps for 30 days, rarely is it this cheap. 2) If you have time to move somewhere else, you can A) go to another broker and get other non-QM quotes and threaten to leave the current broker if they do not give you a free extension/come down in pricing as rates have improved, or B) Tell current broker to get other quotes from other non-QM lenders they work with.

One of my properties went down $1400 a year and another down $700 a year.

Even under this scenario, with a 50/50 split, you will not be getting paid for doing all the work.Another option would be for you to put in 50% of the purchase price using an LLC that you own 100%, borrow the remaining 50% from your investor as a 2nd position loan at a fair interest rate with points, and borrow the rehab under your personal guarantee.Better, if you can find a lender who will lend to a newbie, and they are out there, you could borrow the purchase money using some of your cash as a down payment, as well as all the rehab funds using a construction loan.