As for the termites, I'd factor in a tenting, and replacing the siding and trim, it seems unlikely they ate enough to significantly damage the structure but a termite report would tell you that, which if that is the reason they fell out, they may already have a copy of or at least knowledge of.

We spent $20,000, or 20% of purchase price on termite fumigation of all structures, re-wiring the main house and replacing the old AC panel, exterior painting, replacing all the old windows, and putting in new central A/C in the main house.  

If I did utilize these people to invest what's your recommended approach to structuring something like that.

Now, keep in mind that grade around the structure may have changed since then. 

I'd love to talk with someone who has scaled up like this about how you structured/collateralized your loans when using OPM.It seems like it would be difficult to use private money long term with hard money loans, because it would be cumbersome and difficult to keep the money deployed constantly, running the risk of paying for capital without having it lent out.Thanks in advance for any input.

If you delead, and maintain the standard, you will be in the clear.Here's the law (emphasis added by me):460.100: Duty of Owner(s) of Residential Premises (B) Whenever any residential premises containing dangerous levels of lead in paint, plaster or other accessible structural material undergoes a change of ownership and as a result a child younger than six years old will become or will continue to be a resident therein, the new owner shall have 90 days after becoming the owner to obtain a Letter of Full Compliance or a Letter of Interim Control, except that if a child younger than six years old who is lead poisoned resides therein, the owner shall not be eligible for interim control, unless the Director grants a waiver pursuant to 105 CMR 460.100(A)(3).

It also needs some structural repair.

Their penalty structure has nothing to do with the way I paid the downpayment (401k loan).You have got me thinking however about whether it makes sense to re-look at the refi numbers and possibly take the penalty. 

Long story short, I met a mentor who is now helping me structure my deals and in these past 6 months, I have managed to acquire 6 properties.... most of which are on target to reaching our cash flow limit of at LEAST $800 per property.

What would the structure of a partnership look like in your opinion?