I’m sure this question has been asked numerous times, feel free to link me to this existing topic. 

For each one that says "no", ask them if they have a recommendation of someone that fits your needs.As previously mentioned about non Fannie Mae/Freddie Mac lenders, I was told by numerous banks that I wouldn't be able to invest until 2022 after my short-sale of an out of state property. 

Numerous open wire splices/loose junction boxes.

Based on the above numbers I have the following:1 - NCF (after you move out) = $31,200/yr ($31.2/$100k in PV)2 - Equity in property = $450k3 - Over 14 years of current CF to = current equity4 - Equity to PV ratio = 1 to 2.2...all this means you are losing money.After selling the property, you would have the following numbers:1 - Using cash from sale ($370k...assuming 8% closing costs) for new property at Equity to PV at 1 to 5 (20% DP)2 - New PV = $1.85M3 - New potential CF, based on $31.2/$100k in PV = $57,720/yr4 - 6.4 years to recover DP ($370k) 

I have to do a foreclosure to recover the property.

*not so long ago even $500 down would work for some off market deals as far as earnest money goes, but now with numerous offers being made on a single deal within hours, earnest money (how much ‘good faith’ you’re really investing) amounts have changed some and to be clear this would change your cash to close amount (%) Earnest money for more of an end user ready(minor cosmetic/updating needed) buy and hold for example would be much closer to 1% Appraisal - this is going to be up to you as the cash buyer (because you’re not required to get one for a loan remember) $300-$400Inspection - using a 4 point or 5 point ‘investor’ inspection (especially if you’re not here yourself for due diligence) $200- $800 usually, depending on size of property Survey- not required to have, but it may be useful to know exactly where you’re lot loans are (may be required for some rehabs) around $800 or lessTitle insurance- generally around $1K, but again depends on property value and if it’s transferable that could save you $ (sometimes if two years old or less)Title search - you’ll want this to make sure you’re getting a clear title and it’s going to run $100- $250Attorney fees- won’t be required here in Indy for example, but keep in mind these rates if you choose to use oneEscrow fees- this depends on which escrow company you use, but I’m going to include images of a mock sale here in Indy to show you an example of a company for Indiana closing costs would be just about 1% of the purchase price, up to 3% when you factor in inspection, survey, insurance, etc.

If he's an investor or aspiring investor, the benefits are numerous as well.

There are numerous factors that could affect overall returns and a thorough DD process will help uncover these.

The benefits of them are numerous as well over stocks. 

So, I should recover the money I am paying for capital gains in less than 2 years and even though I lost the future appreciation from the Las Vegas properties I will still come out even or doo better since I am getting a $2 million line of credit I will use to purchase properties at auctions and hope to make about $500k per year flipping house without working too hard.I am definitely not the smartest investor when it comes to leveraging my money and I know I could have made several million dollars more if I did a 1031 and purchased an apartment building in Los Angeles, but I don't function well when I am pressured when I put myself in a risky position.I always feel that when investors leverage their money their empire can come crashing down like dominoes when one property goes south.