Sure, if you have a HELOC with a checkbook to access the funds, you can write a check for the EMD. 

My name is Brandon Falcon I am 19 years old and very happy to be a part of bigger pockets. 

I've run into issues where it's a such a hassle to call apartment buildings that don't answer and then refuse to talk to you unless you FAX over a signed lease, and doesn't always tell you much anyway.

This is a part-time endeavor for us, so 5-7 is manageable. 

I would like to get his credit back in good standing asap so we can have access to more capital in the future.

They'll have painless access to both standard and surplus market policies and would likely be able to craft the right package for you quickly.  

The previous owner started renting out the units like apartments and that is how it is being ran today.

of condos / apartments / townhouses listed within a relatively small area on the North Side (River North up to Lakeview) which makes me nervous about the potential for oversupply within that market. 

I worked at a student apartment complex for two years and have to say the biggest pro is that typically the parents are the ones paying the rent.

Hi Adam,One strategy is to passively invest with an apartment syndicator.