I'm getting closer to being an investor! 

The itemized damage estimate that my insurance provided me lists an Actual Cash Value that is 15% higher than my Dwelling A Coverage. 

I am looking for suggestions on how to structure a partnership (short term) that will benefit him but allow me to be dissolve our partnership after a couple years as he isn't interested in long term holds. 

Appraisers are using MLS data and often it is lower than actual rents. 

Condo's usually have high HOA dues which will eat into your cash flow.

I used to work in finance and we could get clients approved for a HELOC in less than 24 hours which will be much quicker than the cash out finance.

W2s, personal homes and K1s are usually straightforward and can be DIY-ed by most computer-savvy and financially-savvy people.

Thanks,Harish. this would be typical of a larger commercial transaction.. what you can do is pay the appraiser and the Phase one company direct.. its usually done that way.

I have more to put down than 20k.

A couple of mine are in Mesa, one in Florence, and I just added one in Arizona City.