Depends on type of loan.Finally- I was also told the minimum I would need to put down is 20% - 25%?

Depends on neighborhood and the vintage.

As for "how" I would invest the $63,000 would depend on they length of the loan.

A lot depends on what his resources and experience and goals are.  

still good potential for families looking for a home to rent and prefer more privacy. depending on the home, area ,etc. maybe a better caliber renter and less turnover of you can find a long term renter. make certain to still do background checks and try to get them to maintain the lawn, etc. they should pay electric and heat but keep the water bill in your name but still try to bill them for it.

I would assume that in a flip it depends on the situation.

The latter, well, everyone has opinions because it's highly variable on personal preferences and dependent on location and type of STR.What do you want to know? 

If you are going to work with them in their time of need then both parties need to benefit and win together on the upside.How much you work with a tenant depends on location.

like me, alot of investors, especially out of the area investors/ rebab/flipers, want to structure something above and beyond paying a contractor for his estimated repairs, (or to an agent for being a project manager for the completion of the rehab above basic selling commission for relisting)  but something to incentivize the deal, like a part commission above and beyond a certain net; offer this to an agent or GC to put extra attention to the deal to completion...you can call this anything you want, a team member, a sweat equity partner..it doesn't matter..but I certainly want to offer a "part" of a deal above and beyond...and repeat with that person...it is a good feeling...and Im out of the area, and if any action is to be taken, I will be semi dependant on somebody to care above and beyond the norm... - from zero experienced flipping guy, matt..

Depending on the market your in the numbers could be different.