depends on where the property is and were we are at in the cycle and if its in an area of regentrification ( which is the only area we work in these days) we want to know there Is going to be appreciation or a good logical chance at it.. 

It could be interpreted as stuff you add to tenant-proof the property, processes in place that make your BRRRR go by more efficiently, or additions that make your property stand out relative to other rentals in the area.

My plan will be to bring the deals and fund them if down payment is required, while the partner will provides proof of prior deals and experience.

No down cycles.

The contractors are recommending water proofing and therefore we have put the next steps of construction on hold.I have talked to original owners in my neighborhood and none of them have had basement water issues.

The bank isn’t going to deal with you unless you can show proof of funds in your name, or  maybe a seriously legit preapproval.

Market prices here are pretty inflated...What you've said about rental prices is even more true of home prices, and homes you are committing to for much longer than just another lease cycle.

The market dynamics are different and rental cycles are different however cap rates are very similar so I felt really comfortable with the purchase.

Sometimes they also want to vet contractors, then for other lenders that does not matter.Best thing to do is call some hard money lenders and they can tell exaclty what you need to get a loan from them.Typically wholesalers want some sort of proof of funds before they do bussiness with you.

@Bonnie White search the biggerpocket's forum for "proof of funds."