I use contractors and I usually get all of my initial purchase money and a subset of the rehab costs.The most important thing is to learn a lot on this first property as you want the next property to be an even greater success.Good luck

These are professionals with additional training and a stricter code of ethics.

That usually runs about a year and a half with delays if the individual has a good attorney.

Breaking down multifamilies more, you probably can make more money with less desirable properties that you have to invest money into, but that takes time, money, and a tolerance for risk... there's a lot of guides on this website for all the different types of real estate investing you can do. 

For example, I'll use one HM lender for deals that are rehab-heavy and a different one for ones that are more purchase price-heavy. 

Turns out her son, the doctor, partnered with her, but partnered with others, and if you do a DTI, you have to consider our income, her income, her son's income, her son's partner's income, and as those he partnered with are also doctors, even more partners.Before the story gets more complicated, I had a wealth account with my bank, chatted with my advisor, about this.

The decision that I made is to invest in Wichita, KS since I know the city and I already have an agent and a friend contractor for possible renovation.

It is far better if the landlord just lets Tina out of her lease, and accepts Sam as a new tenant.Or, the landlord might let Tina out of her lease, accept Sam as a new tenant, but also require Tina to guarantee Sam's lease for the final six months (using my example) of Tina's lease term.Either one of these accomplishes everybody's goals without getting into messy technicalities that come about with a sublease.Most leases contain prohibitions against subleasing without the landlord's consent.Many leases charge a one-time fee if the tenant subleases, or is let out of their lease and a new tenant accepted.That is because the situation causes extra work and risk for the landlord. 

I’m just curious if I’m putting upA bandit sign and a copSees me can they arrest me?

But definitely talk with the cpa this is valuable and a part of your due diligence.