Do I have to have ink to paper to even make the offer in the first place, or put down any earnest money?

Is the personal guarantee worth the paper it is printed on? 

Hi great question,I too wanted to know if there is a certain pattern of format on paper to present to the Banks to certify that cash flow is collected from the rentals consistently and now I would want to impress upon them to assist me with further investment properties.How do I go about this?

I tend to agree with Benjamin above about small colleges not being safe investments...Many colleges now figured out student housing can be good cash flow for them and start to expend their housing...with a small college that might mean the end of a market...if you want to stick to Ohio then look to Ohio State with it's 60K students in Colombus or Ohio University in Athens with 30K...I am looking in a 8K college town and the market feel tight.

Our initial meeting about this partnership or JV was really to put pen to paper and figure out what those concepts would be to put in front of the Attorney, in other words, what would we each be willing to do and looking to get out of it. 

Wholesaling, or “flipping paper”, is basically putting a property under contract and reassigning the contract to another buyer.Your hard work comes in well before any rehab is done.

Everything looks good on paper until the bullets start flying and its time to execute.

I tried using the background checks a year ago but found their support to be sub par - on the unit I tested it with I suspect I lost about 8-10 applicants in the Zillow Blackhole, ended up having to switch back to paper applications.  

Anything is possible, but it will require more will power than you have ever expended in your entire life.

Where one can consistently beat 1% price to rent, and even flirt with 2% if some sweat equity is willing to be expended?