Secondly, the guy that is leading the deal (Bob S.) can't answer my very simple questions on how the math works out and their fees and always has to include and rely on another guy (Angelo) for all the answers.

.: Quote from @Bob Stevens: Quote from @Vontarius Dameko: Quote from @Bernard Joseph S.: Keyglee comes to mind, Jameel Damji is involved with that one. 

Find a few multifamily in Nashville (Im biased this is where I invest) in an area that is appreciating faster / in the path of growth (you can find an agent here on BP investor agent finder), force the appreciation through a renovation, speed up depreciation with a cost seg, renters pay down your principal... and bobs your uncle.

@Bob Avery Thanks for the replies this conversation has really helped me think more about my next steps. 

Hey Jay, what is the ask address and rents, thanks  Bob, not looking for a wholesale  deal..

Hi Bob, Would you please share your LAIC contact?

@Bob Avery           "which makes it seem like he Callie was the seller, not the buyer."

Quote from @Bob Avery: Yeah, well there's definitely a whole camp of folks with Alex's position, which is that you maximize profit by maximizing your leverage per equity, and math-wise they have a point.At the same time there is another camp which tries to balance profit and quality of life.

Hey Bob,Thanks for this.

Hi Bob, Most definitely talk to a Lender regarding the restrictions of an FHA loan.