@Nathan Frost I see a HELOC as a way to have an emergency fund, perhaps buy a house that I intend to remodel. 

Thinking RAL is a great way to get into an emerging market and make some good cashflow.

That opens many doors, from just having access to funds for an emergency, to being able to use those funds to buy new property. 

Personally, I would try to pull out a HELOC (Home Equity Line of Credit) on your property to have available for future purchases/emergencies. 

Most investors are looking into the medium-term rental space as this is the biggest emerging market in the area.

You could also do it and suddenly his old patterns begin to emerge and you have a real problem on your hands.Now, having said all that I am going to contradict what I just said, sort of, I have an acquaintance I know who killed someone in a drunk driving accident many years ago.

@Aaron Bihl yes I have been in discussions with Host Financial, and they are one of the exciting options I see emerging in the lending market.

-If an investor has some money but not an emergency fund and something happens they will need their money back, screwing up the investment.#3 I would want to know why they are not using the power of leverage and only putting 20% down.- You may find out they are very very conservative with their money and if you planned to be aggressive with it that would not make a good partnership.There are so many other questions to ask but I hope this gets you thinking.  

If you borrow it now to boost your savings/emergency fund and then wait through two bank statements showing those funds ( excluding the deposit) - so 60-90 days -then you can use your savings as a down payment.

They also offer a maintenance option of $50/mo to do a complete check monthly and work on-demand for emergency calls free or at a lower rate.