It's hard to keep track of it all.So, back to the tiny bit of stress:I mentioned at my part time gig that my house was going to be ready to rent see and one of my coworkers dad just happened to be there and overheard.  

The mortgage news daily survey shows a daily average for 20% down, good credit primary residence that you can compare your quotes against: https://www.mortgagenewsdaily....Mortgage News Daily - Mortgage And Real Estate News Agree with @Grace Maxwell here, if you want to track the most up to date conventional rates, mortgage news daily is the best source

So I did have any kind of a hint of a track record when it came to backing out of deals because of something obvious like exterior repaint, I'd be dead in the water.  

When I moved here 15 years ago, you didn't even cross over to the east side of the tracks. 

@Todd Ashley As far as I know, I believe you should be able to obtain conventional financing as long as one of the borrowers plans to occupy it as their primary residence.Sounds like you're on the right track.

We also don't track and nitpick who does what and charge the partnership for any of our personal time spent on rehabbing or managing.

These require very good credit and track record though.I would never pay that 30k up front.  

You may be able to go back to whomever handled the closing (title company or law office) and track down some answers.  

You may have to do some sleuthing to track down the owner if the address is the same as the foreclosure that they are not living at.  

As you and your knowledge become more value you can change the splits and returns because your experience and track record is more valuable so your expertise is worth more.Keep going and keep us updated!