I did this exact thing last time a tenant asked to install a TV mount on the wall of a bedroom.

I just closed on a few properties in both Michigan and Alabama for a customer in Texas. 

My question is once I have a deal signed for an apartment with seller carrying back down payment I need a partner/guarantor which would help qualify for bank loan with their income and cover closing costs. 

Find out what is motivating them and lean in on that.

That's $7,500 on a $250k home which should be much less than my savings.

I was already well into the remediation policy after Helene on 4 units, now picking up the rest of the pieces.

We were able to work a deal in the last 2 weeks before it was finalized, we had to pay the max amount of interest for back taxes and water bills and liens on the property.

In which case, if he sets up the state LLC correctly, and depending on what documents are available for public viewing, he would be able to pull it off no? 

Honestly there are several career paths that will help (Renovation contractor, real estate agent, corporate RE analyst)  but depending upon whether you are looking for a career investing/flipping versus using your W-2 career income to build more by flipping, you can approach it better in my opinion by learning through doing.Flipping especially 1 at a time isn't a full time job and my thought is that you get help on your first, maybe first few flips. 

- How much would you suggest spending on a property(s) in my situation?