You'll gain traction as you post more, I guarantee that.  

We meet and interview the prospective tenants, we go to closings ourselves, and we sign the mortgages and personal guarantees, and sometimes we do0 the painting or install the carpet, or fix the leaky faucet, or even take the phone calls saying we have a water leak. 

Your property seems pretty stable and will "guarantee" some level of return and low maintenance if rent to right people.

@Aaron Johnson welcome To Bigger Pockets you are guaranteed to learn a ton of value information aboard this forum.

So much so, that they will charge 3% higher, 3 points plus only finance with a guaranteed rate for 5 years with a max term of 20 years.

There's an extreme shortage of housing in SE Ohio...if you can own it, I guarantee there is a tenant paying top dollar on housing choice voucher...one of the great things about this business is that you can make it work anywhere (despite what you hear)...Link up with your local metro housing authority and see what they have to say about the state of things...they can be a great partner. 

No guarantee that happens but the signals aren’t yet indicating to the contrary.

When we take nonrecourse debt, we're not putting a personal guarantee on it.

Likewise, it doesn't seem prudent for me to take second position, even with a personal guarantee, as it seems much more risky and I am putting in the initial money that would make the deal happen.Questions:1) Are HMLs almost always lending out the full amount?

If so, you could ask your partners if they'd be willing to personally guarantee the bank loan as well.