Response rates are typically 0.5-2% so the bigger the list the better.

I typically use hard money to fund my projects but I thought it would be great to bring him in as a cash partner.My question is how do you set up the partnership splits since he isn’t bringing all the cash, he is just bring enough to really cover the hard money fees and holding cost.  

The typical amount is 75% LTV. 

He self-manages them but after being burned once, he has been strict with his rental criteria so tenants have typically been highly educated, and responsible.

@Michael Plante B class are predominantly owner-occupied, mostly blue collar with some white collar.What the neighborhood looks like is important. 

I get that they are not done to often but I'm finding that most of the Nod's and Les Pendens have little to no equity and in typical, or optimum, circumstances there is no solution for these home owners except for the bank to foreclose.

Hey Phil, typically no PMI is "baked" into the actual rate of the 30 year loan.

They present their social media followers with a series of curated options for a specific area of each house, and their channels vote to decide on a lot of the finishes of the home - paint colors, carpets, door knobs, light/lamps, kitchen layout, etc, etc.The social media houses aren't especially lucrative, as they only do about 2 per year.

However, that is typically structured at 6% for 5 years fixed, then 20% adjustable with a 20% downpayment.

The typical BRRRR strategy, but such a great way to leverage your limited financial resources.You asked specifically about financing.