I would confirm the purchase price and ARV by doing your own due diligence, and again this can make or break a deal.

That's called dual tracking and is prohibited by federal law so, you are either wrong about it being in forbearance, or, wrong about the pending foreclosure, or both or, someone is breaking federal law (Less likely but still possible).Why estimate the equity?

I highly recommend breaking down your questions into categories and doing your own research first before paying someone to tell you information you can independently get a foundation for, otherwise mentoring is also an option.With my first property I did house hacking with a duplex. 

Basically, it's the body mass index of real estate investing: easy to calculate, but not providing much real insight.That said, the best explanation I've seen so far is here: https://www.biggerpockets.com/...

.- Liability - always flows to the deepest pockets- Fear of regulation - regulatory bodies are gunning to take down short term rentals basically everywhere.

So what’s important is that if you partner with anyone in an entity you want to have clear steps to follow if the entity is to break up , someone leave, etc.

The best scenario is usually to break even where the rent covers the mortgage and taxes (insurance will be very low or non existent if you buy bare land, but if you purchase buildings you will have higher insurance to consider).Hope this helps.Take care!

BRRRR is hard to go wrong, because even if you break even on cash flow, your ROI is so high because you have none of your own money left in the deal after the refi.

And highly  leveraged properties gives the higher the returns on you dollars, but also the higher the risk... so have a plan B in your back pocket for safety.You need to crunch the numbers... but overall, IF property two will at least break even or better and you're in a good market (reasonable appreciation and reasonable rental market), go for it.

Hey BP community, I’ve been racking my brain about the best ways to finance deals number 2 and 3 of my portfolio and I want to see what you all think.I’m already working on closing my first deal with a low down FHA loan for a house hack where I’ll be living in and breaking even on expenses.