You can play with the split based on your deal. 

When it comes to financing, i think I’m just going to go conventional and “Play it safe” for my first property.

A lot of uncertainty has resulted in people sitting on the sidelines until things play out further.

No need to over-complicate it.Stop playing an investor or a businessman.

We passed on a property right before this from the same wholesaler and thought we blew our shot at getting a deal since the market was so hot, but sticking to our numbers played out well for us!

Not sure how this would be able to be evaluated except the section of a PPM that looks at hypothetical investment.Rent Increase Assumption: this will be effected when putting off value add plays, maybe look at 0-1% now as opposed to 2-3%.Renovation per unit: was looking at 3-8 K per unit, maybe now looking at more like 3-5K per unit.Break Even Occupancy: was looking at 65-70%, now prefer to see closer to 50-60%Reversion Cap Rate: Previous was looking at 0.5-1.0 over initial, now looking more at 1.0-1.5xLoan to Value: Prior Criteria was <65-75%; now lloking more for 60-65%. 

I have a fairly long term tenant playing this same game and my hunch is that when push comes to shove they will get caught up. 

Then she'll have to play by the rules and if she doesn't you can evict.

pick a coc that works for you, I shot for the highest I can, but i am playing the long game.

Maybe play dumb a little "I don't know if I'm in the right place..."