Ironically same agency as yours (KW).44 Victory Ave, Upper Darby 19082

A credit inquiry for a legitimate purpose, such as buying cash flow positive real estate and building wealth or buying a home to live in, is always ok in 100% of cases.

Hard money loans are typically issued by private investors or companies.Real estate investors can leverage hard money loans for many reasons, including: Property Acquisition & Rehab Land Acquisition & Development Residential or Commercial New Construction Investment Rental Properties Cash-out for Additional Acquisitions Fast Acquisitions due to Time Constraints Cross-Collateralization of Properties Multifamily Bridge Loan Foreclosure or Bankruptcy Bailout Recent Credit & Conventional Qualifying Barriers7 Steps to Guaranteed Hard Money Loan ApprovalStep #1: Find the Right PropertyDepending on your real estate investment purpose, be sure to do your proper due diligence in evaluating a prospective property.

If #1 is true, then what would be the purpose of the 80% if the policy doesn't cover the existing structure?

Nothing against young, first-time investors, just for the sake of the conversation it appears the OP wants to know if the purpose of Turnkey is to provide service or provide a slick way to capitalize on inexperience.Unfortunately, it can be both.Like @Jay Hinrichs  pointed out, I write on the forums weekly how the word Turnkey means nothing today and is only a marketing term meant to attract eyeballs.  

I'm an agent from Melrose Ma but am hoping to have a multifamily in the near future for buy and hold purposes.

The purpose of getting off-market leads is to find better deals than you would normally via the MLS.

Your idea is good, just need to iron a few wrinkles first.Let me know if you have any questions.Regards,Joe Scorese

My understanding is there is an accepted formula where-by they determine the unit value of the largest available replacement tree, and then multiply by the number of units of the removed tree, and then any adjustment values for location, breed and such.I will ask the tenant to grab a leaf and an acorn for species identification purposes.

Ironically, I also listened to one of the latest episodes of R.Kyosaksi's Rich Dad Radio Show podcast (11/21/16 episode) where James Richards talks about currency wars and his prediction of a more global economic crash expected to hit in the next 2-3 years (much larger crash than that of 2008).