Here's what I would do: get it under contract ASAP with a relatively long due diligence period (60-90 days) and market it in several ways: 1) debt or equity raise paying investors 8-10% interest or splitting up the equity with you taking x% for finding/managing the deal; 2) piecemeal wholesale (sell individual or smaller bundles of the properties; or 3) wholesale it all.You can easily raise that down payment money if the deal is good enough.

Flat painted / textured ceilings get Original Kilz Oil since they can't be scrubbed easily.

We could easily convert one of the bedrooms into a common area/living space.

Again, definitely don't dive into a really expensive program right off, but you can always learn things from the smaller ones pretty easily if you keep your ears open at them.

I found that on the soft ones, the railing used to click together would break easily so I opted for the more sturdy ones.As for the stick-on types, I woould be afraid that they would peel off if the floor wasn't clean enough when installing them. 

, credit cards (shows poor money management), auto loans (if they won't pay their car bill, knowing that the car can be easily repossessed, then I'm less confident they'll pay their rent), etc.You don't say what type of accounts these applicants have in collections, but the fact that they pay their student loans "promptly", always paid their previous landlords on time, and their income "more than meets your requirements" are all very good signs.

Easily remedied by slipping in the dates after "2 years" (date - date). 

Something like this:Lot cost: $40k (pay cash)Build Cost: $85k (construction loan)Appraised value completed: $155k (based on comps currently)Refi for $108,500 (70% LTV) and get $46,500 back at closing (minus closing costs)Payment would only be $550 I could rent easily for double that, maybe more depending on location. 

The fireplace needs a hearth, you could do something really easily with stone then use a similar stone to cover the brick.The awning is not doing you any favors:) If possible, I would consider getting rid of the concrete patio and replacing it with a stone or brick area. 

Where as if you own a small SFR in one of the emerging areas around the urban core you could easily see the value and rents double in 5 years. 4) Condo construction - the Colorado construction defects laws have scared insurance companies for builders and for a period of time it was impossible to get builders risk insurance for condos being constructed for sale.