I don't have a ride with me at the present.

This protects you, as the buyer, and gives you an assistant that will make sure all the paperwork and documentation is presented correctly for a smooth transaction.  

That's not hard to understand.There is a challenge tho when a licensed investor tries to present these two strategies side by side.  

For platted lots (already in a subdivision) that have utilities present, there's not much due diligence necessary, other than maybe making sure you are not overpaying too much;) For industrial property that you want to re-develop, that's a different story.

Is there presently a gas meter on the house?

Mostly buy and hold single, multi family and Condos.I am looking to start doing flips and light rehabs if the right opportunity presents itself.

There is no substitute for being physically present with experienced investors.Let me know if you need any help finding other resources to help you get started!

That 8% rate was friends & family a couple years ago -- these days, there are plenty of high-net-worth individuals who are happy to lend at that rate (or just a bit higher) for a relatively secure return with an experienced/successful rehabber.You will most certainly be able to find rehabbers willing to do a 50/50 split -- and maybe even better -- but, these days, those are typically going to be the newer investors who present greater risk, will require more due diligence and will need more oversight and hand-holding to ensure you get your money back.In my experience, hard money lenders are hurting for business these days -- I know plenty of HMLs who are sitting on a lot of cash and are willing to compromise on rates to work with more experienced investors. 

Remember, the way to get people to work with you, is to view it from their side and present a viable solution that makes sense to them! 

And I offered my opinion that such discriminatory programs are the result of shameless vote-buying by our elected officials.I have no inclination or even present opportunity to disobey this regulation.