I assumed that that would be the case and was basing my model from 1-1 1/2%, but it is truly reassuring to see that the experts agree, thanks for the input!

But after that, the win is on both sides: the flipper has a built in buyer to cash out their appreciation on refi, and the buy & hold person gets expertise during the rehab, then already knows the property and cash flow potential and doesn’t have to constantly “mine” the network for more deals.

I've seen some model plans online and would like to know if anyones who's done it can offer advise.

@Matthew Ryan  not really my area of expertise..

John, find a good financial model and plug in the numbers.

Wasn’t sure exactly what structure would fit with this investment model.

Many will claim that they can help you find real estate investments but don't really understand the underlying principles.A good way to gauge their expertise is to ask the realtor what they look for when finding you a good investment property.

I have some very harsh comments. 1 no garage. 2 IKEA style modeling, expect IKEA style pricing. 

So, I think this is where you shine with your due diligence expertise and you can always use an estoppel to get the true rents from the tenants, and some have said that they realized that the rents reported by tenant were higher than what the owners reported. 

Thank you for offering your expertise; I will definitely be in touch.