These are outstanding life skills that you can employ for the rest of your life and the longer the period of time that you have to use them, the further the compounding effects will help you to go.This type of initial home-buying strategy can and does lead to further opportunities to grow and achieve further benefits besides those already mentioned.

I say yes on painting the window trim, assuming the rest of the house has white trim.

Could you pint it a color that either accents the rest of the house or helps the stone die away and not be as prominent?

The rest are pretty standard.

He has to have 22% because his investors get 7% (preferred) and he has to have enough left over to split the rest, pay operating costs, etc.  

You can also do both, putting some money in a fund (which generally has a lower minimum) and the rest in individual investments (which generally have higher minimums).

I went ahead and got preapproved for a mortgage for the rest.

I wouldn't bother with trying to go after a renter for the rest of the lease as most of these people have no assets and I can't garnish wages in SC.I do usually keep their deposit if they break the lease.

The rest of the requirements are typical fire code rules. 

We got an enquiry from someone who said they will live in the property for 6 months, and the rest of the time would like to AirBnB it.