We buy fixer uppers and rehab them and resale.

https://www.dreia.org/http://breia.com/Both have monthly meetings that are well worth attending.   

That is, people think that it's worth the asking rent.

So its worth repeating.

I researched options for a deal I was trying to secure and my understanding is that all maintenance would be on you but for only 20 years at only 4.3%, that certainly seems like it's worth exploring. 

I have been on the phone with some mortgage brokers today and much of the feedback has been that I will need to find KP's if I want a non-recourse loan.The loan on my other property is recourse through a local bank.The broker stated that both for net worth requirements and also for experience.My question is for those who have done the same thing or maybe even for some who have been KPs on deals themselves.What is the best way to target someone to join on as a KP on my deal?

I talked to my mortgage broker and he says I may be able to use the building's equity (he estimated $70K in equity, that the building should be worth $120K based on the monthly gross income). 

If they do, then to close on time you and the seller are very quickly going to have to agree to whatever the lender wants in exchange for being willing to doing an escrow holdback at all, which fancy language aside is basically ransom money in an amount greater than the estimated completion cost, to be released once it's complete (ransoms only work if the thing held ransom is worth more than the thing you want).

I purchased a duplex for 80k and it’s worth about 140k, conventional loan, 25% down.We then got a HELOC on our residence for $68k.

It’ll be worth your while.