Sold and rental are what exits...depending on which strategy you are using in that market. 

The prices vary from $550 to $2K depending on the coverage. 

It would depend on the variables but, yes I have seen deals that went as high as 90 or 100% depending of course on the variables. 

I would say the answer depends what your goals are If your goal is to get to 40 units in 5 years, then you will need to take on a lot of debt to get there.

Conventional financing has very specific rules to follow and falsifying information on the application to get a better interest rate or to qualify and then subsequently closing on the property is a really big deal.There are loans out there that do not require seasoning of funds, would allow your friend the investor to not be on the loan (or be on the loan if he/she wants depending on credit), but it's not a conventional loan and the interest rates are not conventional interest rates.  

Cabinets depend on their condition and material but painting is usually a much cheaper option and when done right will look just as good.

They range from 6 months to a couple years, depending the state location. 

i usually see 5-9% interest at 70-100 LTV, depending on equity partner and size and type of loan, with 5% or lower closing costs.

But it all depends on the scope of work. 

In the first instance, "it depends" on whether offering the Seller all cash (already approved) would get you a significant discount over just offering a 20% cash deposit, with the rest financed on closing day.If not, might as well buy 4 or 5 similar investment properties, each with 20% down, right?