Whether you buy the property with equity or no equity is not an indication of your ability to sell it at cost, below cost or even above cost in the future if the markets moves down or if the market moves up.  

There might be the ability to use RUBS to split those costs out, but I haven't seen the mechanicals on the properties yet.I have a great relationship with a Banker here in St Louis, so I figure the loan probably won't be a problem although I'm not sure whether they will want a sponsor for something the size of these complexes or not.My partner has friends that he thinks will want to invest, and I have access to other investors through numerous REIA's and other networking contacts I have made over the last couple of years so I feel like getting the downpayment will be fairly straightforward.My question for this forum is this:I feel very confident evaluating duplexes/4 plexes.

They do have the ability to portfolio lend, but rarely do. 

BP also offers the ability to connect with other real estate investors.

It's amazing what we'all be able to do from our tablets in 2-5 years  Is am so thankful for BP and the ability  to learn and grow and set my family up for a future we never could have imagined even 5 years ago. 

@Matt GeertsWe added the ability for the optionee to petition to annul the option (BTW: it's not automatic it would happen) because we were concerned about appearing predatory in the scenario such as you raised earlier (i.e. where the Tenant gets evicted).   

Which, incidentally, could hurt your ability to earn enough money to pay it back...

I would always RUN, RUN, RUN from anyone claiming the ability to get you a private,  low-interest rate loan and are asking for upfront fees.

If so, when you went through the mortgage qualification process, did the 50k loan hinder your ability to get the new mortgage? 

Really if you can never imagine running a weed whacker or fixing a loose deck rail or mowing a lawn, then the condo may fit your rental management abilities.