I bet it's worth having a chat with Ceasar as the Bronx is his market. 

Your best bet is to make a couple friends in the lending world.

I think your best bet is to find and network with other student rental owners in the same student market. 

Should the landlord be named as an additional insured on the renters policy so they will be notified by the insurance company in the event the tenant fails to renew their coverage? 

Once my properties are stabilized this way, I begin to look at additional ways I can improve my property or limit my costs in order to increase revenue.

You might be able to add an additional condition in the formula and force it to use manager's contribution, if the member's contribution is 0%. 

Sorry for the dual posts here but while responding to first posts others made additional posts. 

Additionally, it does not apply to rotable, temporary, and standby emergency spare parts"Essentially, an appliance or other equipment installed in a building is considered Rotable and Temporary when installed in a UOP (defined as a building, in this case).  

So, there is no established incoem stream at this time.In addition, the friend hasn't secured a job in town just yet so there is no income stream there either.

I’ve fulfilled everything on my end of the deal and spent $1,500 in inspections, appraisal, etc and would want to get that back in addition to earnest money should the deal fall through.The house is vacant and the seller has already moved out, so it seems it would be in their best interest to close this deal.