For example, you wouldn't be able to: (1) take out a mortgage on the property; or (2) sell the property at its market value. 

For example, my partner should be getting a $50,000 line of credit, so that'll cost him/us $4,000. 

For example, the fair market rent in the area I purchased is $1500 per unit since it is a 3-bed.

I keep on hearing people say that you're typically going to want 20-25% down for an investment property but is it still possible to do 5%?

For example, paying $25 every time they don’t clean after their dog’s poop.

Typically we see the better rent:price ratios/cash flowing properties a bit outside of the city maybe within 45 minutes or so of downtown, or in the C class neighborhoods closer to the city that are a bit more management intensive.You might be able to get a close to turnkey duplex for ballpark 80-130k if looking in the area I mentioned above.

Typically the LLC owns the property and what you are calling the GP is the manager of the LLC.For Schedule of Real Estate Owned (SREO) wherever I'm the syndicator, guarantor or deals where I'm a passive investor are all on the list.

Example from a real deal in TN: 118K purchase price from wholesaler, 40K renovation and 235K and rent of 1850.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

We typically buy off market, but I know the networking is one of the best ways to access off market deal flow through brokers.