You're stacking risk factors - first deal, partnership, no existing revenue source, and making an off market purchase for the first time.

Trappe's growing market further enhanced its appeal.

By doing some of the work, you can stretch your budget to cover more improvements, thereby boosting the property’s market value and monthly rents.Tips for Building Your DIY SkillsStart Small: Begin with simple projects, like fixing a leaky faucet or installing a new light fixture.

Common equity often offers great returns, but during market corrections of 20-30%, your position becomes vulnerable.

A pre-qualification form.

You're just stacking risk factors in a tougher, blocking and tackling market. 

Atlanta's thriving real estate market further enhanced its appeal.

Commercial lenders don't usually offer 'pre approvals' but will provide sellers with a letter of intent.

In Oregon my title company would give me update spread sheet of all NOD's going ( but keep in mind I was the largest buyer or one of them in the market at the time. 

Duquesne's growing market further enhanced its appeal.