Ie a property with 0 repairs required, then a house with small repairs, then a full remodel flip  that included adding and permitting new bathrooms, removal of walls, doors, windows etc etc. 

Banks and realtors treat it like any other form of cash.There are tax implications for creating this correctly, so best to go with an agent who is familiar with it, otherwise you could end up with a MEC, which becomes taxable.

Create a well-structured investment plan that includes your standards, target markets, property types, financing techniques, exit strategies, and risk management plans.

I mainly focus on New Jersey, New York, and Maryland for opportunities.I'm all about creating Joint Ventures with capital partners for mutual success.

Did you get copies of the financials including any funds held in escrow?

(2) I have a Section 8 applicant and know that I am required to include them in the applicant pool, are the laws around do I have to prioritize section 8 tenant?

Anything in Westover or closer to Raeford will be a great area for rentals including prices ranging from about $1,200-$1,800/mo. 

Is this a true 10% cap or is this what I refer to as the "realtor special" where taxes, insurance, water and a nominal maintenance budgetary number is included.

8 percent on the loan is great, but if you don't know what you are doing on the rehab portion of the numbers are wrong, you could be creating too tight a window for success here.

Then later today the investor chose to include me in a group text he has created with other people on the road leading to the housing project about how great of a victory it is that he’s gotten the dumpster moved and that he will be cleaning up the space and planting grass and greening it up come summer.