@Adam Newman you will want to confirm this with the bank but you can’t take a loan out to borrow for part of the down payment so you’ll need to provide all the funds yourself or have a gift from someone for that which you don’t have.If you have a gift from someone to bridge the 20%, that would be ideal.  

Of course the high crime statistics cannot be ignored in these cites, however I'm planning to buy only in the nicer/low crime neighborhoods which hopefully eliminates most of the crime risk.I was wondering if any of you could provide feedback on comparing these 3 cities.

Then the remaining profits get distributed at whatever split you both agree to...I often see it start at 25/75 (75 to the person in your position) and then maybe increase it to 40/60 or 50/50.It would really help if you could provide some numbers on your deal. 

Section 8 provides consistent pay and the tenants have to uphold the standard put forth by SECTION 8 to maintain their voucher. 

@Brian Chadwick A cash out refinance might offer more favorable interest rates than your HELOC provides.

As others have stated, you have not provided enough information to determine whether this is a good deal or not.

I have other existing consumer products.So I would outfit the RV with Solar and Starlink to provide power and internet at all times. 

Hi Aaron - check out our lender page here on BiggerPockets - you can see info and a long track record of strong reviews: https://www.biggerpockets.com/business/page/49Also, sharing links to the 10-Part Article Series we published here on BP on everything you need to know about DSCR Loans - we are fully committed to transparency and providing info/guidance to the BP investor community!

Also for all the value they provide the number 1 thing they all exist to do is enrich the Guru and give him a captive audience to sell more stuff to. 

#10)  The birds provide a free, natural alarm clock!