And its also a situation of putting all your eggs in one basket (versus taking the money and diversifying it into numerous passive syndication/crowdfunding deals).

They are either syndicators themselves, offer syndication mentoring\coaching, or interview numerous other syndicators.

She doesn’t need to put 20% down there are numerous loan programs out there with much less than that.

Laminate is so susceptible to water damage- I put some beautiful laminate in one of my first properties and the tenant had an unauthorized dog who peed on the floor and warped it in numerous places. 

And you can also take the same amount of money and diversify it into numerous properties, versus perhaps having it in only one or a handful of properties.It's true that if you are an accredited investor you would have a lot more options.

I have to imagine that the city misses out on getting rid of numerous abandoned properties due to this rule.

I've not been able to validate this piece of information, but it sounds valid.You probably already know that: Habitat for Humanity and their partner families have rebuilt numerous houses, with about five planned every year- one of my friends from Boy Scouts from the Bronx is a team member .  

I wanted to make sure before anyone jumps on this thread, and point out the obvious numeric differences in what your cashflow could be, that all of the variables had been accounted for, and that your most important resource your time is unknowingly overlooked in this process.

There's numerous services that handle this, just "tenant ach" on google to get a good list of options.

Be prepared for numerous requests for documents.After the property settles and becomes yours you have 6 months to finish the property.