If it is paint and carpet and I have a buyer before I even buy the place, thus dramatically limiting my exposure I'll go to 80%+, since my risk is so low.  

However, I would not - and don't - limit myself to only properties that fit my criteria.  

what would you recommend to someone that has limited funds and is just starting out.

You will need a commercial Umbrella for that.What is the limit of insurance you are looking for $1m, $2m, $5m?  

But I also want to limit the amount of money I have to spend.Example, I bought a duplex with a coach house last summer.  

And I have accounts with 5 local credit unions as well (Lines of Credit, checking/savings, business).Business accounts with Wells Fargo in addition to the others.Each has their place and benefit, I try to maximize each ones benefits, not just limit myself to one or two.  

If the words "credit card limits" and "increase" are in the same sentence at your seminar... 

I great at different points of my life to write down my goals with all the needed components, such as specific, measurable and having a time limit...the problem was that I quickly forgot to pay attention to them and stay focused on them.I'd heard @Brandon Turner talk about the 100 Day Challenge on the podcasts and I decided it was time to sign up. 

So the profit sharing is a touch more tax-efficient, but limited at 20% of net income.  

The tenants obviously want to stay in the property since they make visitations difficult for prospective buyers.I have very limited cash on hand, have been operating from a student and bootstrapped entrepreneur's budget, but I have come up with a possible creative proposal which I think the seller will be amenable.