After extensive deliberation, I've come to the decision to reenlist for retirement. 10 years down, 10 to go.

Hi Max,To find private money with no down payment requirement one would have to have an extensive experience or willing family member.

Well after the walk thru it needed extensive cosmetic work: walls removed, ceiling blown up etc.

We have to begin by defining Turnkey - many people use this very loosely and it may carry a broad range of defiant as you engage with one operator to another.TURNKEY = accountability, economies of scale, easy access to expertise, passive incomeAsset that has been acquired in advance of any investor commitments by an operatorOperator completes renovation in-house (extensive, systematic, uniform construction material & methodology, implementation of resilient materials)Operator has an in-house leasing team Operator manages the asset in-houseNo MiddlemenDirect access to premium free assetIn-House Management StaffHome cashflows from day one as tenant placement occurs prior to transfer of title That is the most rudimentary definition of a real Turnkey asset and experience.

I'll be using those calculators extensively and looks like there is plenty of reading material.  

I have an extensive background in Commercial and Real Estate lending, so I would like to offer my expertise where applicable.

I had to go through an extensive exception process to ensure that the city would not ask for it to be torn down.  

We're hoping our first home can be a live-in flip, and that we can eventually gain enough capital to set up an extensive rental network.

With my solid work history and good credit, the god-son's limited work history and no credit, and my buddy's extensive work history and poor credit (as guarantor; if even possible due to poor credit)...do we have much of a shot or no?

This is especially true if you need a loan extension or other accommodation sometime in the future.2.Make sure your potential lender is licensed in your state and/or has a broker-of-record who is.