Born and raised in that area.

So, your seller doesn't have to "Put" 145K into it, they only have to raise the rents to get another 145K of value.

If raising the down payment will take too long maybe you can talk to a hard money lender.

I was born and raised in Metro Detroit and have a life-long passion for my hometown.

The purchase price is 210k and it is a raised bungalow with a basement suite renting for $850/month and the upper for $1150/month.

Here are the details:The property is in a fairly stable area about 8 miles south of a town with a population over 80K and a major university.Property is on a main road that leads directly into town.Unit 1&2 rent for $515Unit 3&4 rent for $525When where the rents last raised?

They get an attorney to memorialize what you decided.As fas as raising capital once you start pooling capital you are steeping into a different world - the securities world (nothing to be scared of) and have to play according to a set of rules.

I am a born and raised San Franciscan, and currently own and operate an event company primarily for corporate events and weddings that I started after graduating from college at UC Santa Cruz.

If you can raise the funds for the down payment, then maybe a bit and hold situation would be a better long term plan.

Unit 2 raise to $895.00  in 6 months raise to 950.00Unit 3 raise to 875.00Unit 4 raise to 875.00 3 & 4 in 6 mo raise another 50 to 75 bucks,without any improvements unless vacated.