I'd be happy to send mine if you'd like a third version, realizing it is a different state.I think it is important to have plain English documents, and lawyers really struggle with keeping things simple.  

These properties should sell for 25-30,000 per door or lower from what I think the area is from your simple description. 

I agree whit Jason hawk and what neighborhood it may look good on paper have you compare a minimum of 10 houses in the same neighborhood it's Easy to do comps just go on line and  start looking !

If youuse the proceeds of a loan for more than onetype of expense, you must allocate the interestbased on the use of the loan's proceeds.To keep accounting, bookkeeping, and taxes as tidy & simple as possible, we want to keep the borrowed funds associated with the property, keeping funds segregated if possible, being conscience of IRS tracing rules.I hope that helps.

hard money sounds simple enough, but I honestly think you will find it difficult to come by.  

Sounds simple to me, but am I going to run into roadblocks trying to get this done?   

Any simple advice or feedback before taking the dive?

Any simple advice or feedback before taking the dive?

But that was a pretty simple fix.  

Only mistake was to put his name on the papers.