I generally use the first scenario "A" for the asking price and a conservative rental amount.  

Do you consider your personal emergency fund as money that can cover these costs, or do you stay conservative and have a separate sum set aside?

Some states as you know are really coming down on this .And I suspect all states have the same verbiage in their statutesIE for expectation of compensation when bringing two parties together to buy real estate that a license is required.. "   Just like the mortgage industry.OTher wise why even have a Real estate industry and license.

You can't buy from or sell the property to yourself or any disqualified parties (spouse, parents, children, generally) nor rent to them.  

Needed everything else, had to reframe couple of rooms floor systems and did a lot of exterior yard work such as grading and clearing.South single family: purchase $19k, rehab $37k (projected) we just started work on this but have a conservative budget.

Basically, the less interaction with the investments, the better.A Checkbook IRA LLC or Solo 401k will put you directly in control of the funds and eliminate the 3rd party layer.  

@Bobby SaeediI'm really late to the party but just found your thread and wanted to see if you followed through on this idea. 

All parties KNOW that the sponsor is raising money from INVESTORS.. will the bank demand proof from each and every investor that their funds aren't borrowed?

Searching on the internet it looks like 8% is extremely conservative.  

Life is too short for long pity parties.