You can combine bank/seller financing to lower your barriers to entry.

ARV is realistic, 1st and 2nd loan combined = $160,000/$250,000 ARV =64%.

Although I’ve only completed one deal and have just one SFH at the moment, they would like to partner up for the next deal and have a combination of cash and stocks of about $150,000 that they are open to investing (Although, they will likely want to start with about $30,000).

@Brandon WoodWhen the bank says they will lend up to 80% in the form of a HELOC it just means they will lend only up to 80% combined LTV between your first mortgage and your second mortgage which would be in the form of a HELOC.

Does it take command of ones cognitive functions of reason and decision making?

I personally don't like fireplaces and if a property had one, I would say immediately when showing the house that the fireplace 'wasn't functional'.

@Chris Co debt service = monthly mortgage payments (all combined - 1st, 2nd, from lenders or seller, etc.)Please correct me if I'm wrong.

Chicago had more murders than New York City and Los Angeles combined.  

If I did I may want to keep those ones completely separate from the other stuff regardless of how well tracked and "classed" my QB file is.From a legal standpoint, your attorney may make a case for breaking out each property and function into its own LLC.

Most traditional lenders will not allow a second mortgage on the property for the downpayment especially is the combined mortgages equal 100% of the purchase price.