The cheaper way into the deal with less restrictions is probably a conventional loan 5% down so that you don't have to pay pmi and buy it in both you and your friends name.

There is no doubt that government involvement can help in many cases, but investor returns can often be negatively impacted by programs like rent control and eviction restrictions and navigating the red tape that can be required by any development or improvement plan can be challenging at best.

, we can point out a few obvious causes for your low water pressure:- Low water pressure on just one or a few appliances could be from restricted screens or valves on those appliances.

Home Possible is another option for only 5% down, but you have to either meet the income restrictions or purchase in a no income restricted area.

I see 1 photo of the kitchen from about the counter top height an up.  

Determine whether a permit is required and any restrictions they may have.

From a syndicators point of view this is not only a more difficult way to raise a significant amount of capital, but it is much more restrictive in how it can be accomplished if done in compliance with Reg D.

That game kills your cash flow and hurts your ability to gauge the investment up frontCondos have restrictions of all different kinds that may impact your business. 

 :)Looking for an in-house lender for commercial refis/BRRRR.  80/20 LTV on multifamily and a general eagerness/willingness to do these kinds of deals (I've found that some have restrictive in-house policies that prevent full cash-out, even if it appraises).  

I don't expect everyone to know the restrictions of the securities licenses since that's my responsibility anyway, but whoever I end up partnering with should respect what I legally can and cannot do.