If you use a HML then you will need 10% dp and carrying cost plus enough to pay the contractor to get started until the first draw.

If you work with licensed contractors, they typically carry workers compensation and general liability insurance. 

@Cody L.There’s plenty of good deals on property around my area in New Orleans, and i also bring a great deal to the table in sense of all I’m lacking is capital/cash bc i have a full plan/team in place and will carry the load and manage the project myself.

Once you reach $150k no losses are allowed and they carry forward to a year when they can be utilized.  

We might be able to do business together.we only use it on seller carry back  ( IE we own the asset and sell it) we dont offer it as a financing product  

Promise yourself you'll think differently when it's your time :)  And find a way to ease him over that bridge.One suggestion would be an owner carry note or an installment sale. 

This would allow the tenants contracts to carry on in my name until their expiry, which for all 3 tenants is April-July of 2021.

Complications with subrogation should be a secondary consideration for a landlord.I also suggest that your leases require that tenants carry annual insurance policies with a minimum of $500,000 in liability and that they provide you with a full policy and certificate of insurance prepared and signed by their agent annually. 

The ideal structure would be to have one property per LLC (or child series, if using a Series LLC,) and then using a different LLC to carry out your operations.

So my DSR had to be good enough to carry the whole loan assuming I get 0 rent which was going to require more down.I am now thinking about doing what I do with my single family BRRRR.