We help investors all the time find properties to purchase, but we also have a property management division of our company!

While it’s certainly possible to maintain a separate business account, the tendency is to just deposit the checks made out to yourself for business into your personal account.  

This stage needs to be methodically done because it's what the first things you see when you go in.The kitchen backsplash always gets a little higher priced piece coming in at $4.99/sf.The tile for the tub surround is in at $1.89/sf. 

If you don't have time to look for "deals" yourself they will for a cut of the profit.

NOTE: you have to owner-occupy for the first 12 months per the mortgage, before you can convert to 100% rental.Of course, you could also use each of them in consecutive years to acquire two properties. 

The reasons for adding the right of first refusal is 2-fold. 1) I only want to use legal action as a last resort.

I prefer VA's in this hemisphere so time zones line up better.

I’ve been doing deep-dive research, pulling high-equity and absentee owner lists, and I’m actively building my buyers list while trying to lock down my first deal.I’m here to connect with experienced investors, wholesalers, or mentors who’ve worked in these markets—or who just love sharing insight.

This will allow you to finance improvements when you buy - allowing you to buy properties that are NOT mortgageable, which will allow you to get a better purchase price.3) Get pre-approved for both FHA 203(k) & regular FHA mortgages, so you can use either depending on the 2-4 unit property you find.Your goal should be to improve and stabilize the property, so you can refinance out of the FHA loan to free it up to use it again (can only have one at any given time, unless extenuating circumstances).NOTE: you have to owner-occupy for the first 12 months per the mortgage, before you can convert to 100% rental.Would also recommend living as cheap as possible, while generating as much cashflow as possible:1) Live in the basement if possible and rent out 100% of the units.

I would think that new builds have a longer time horizon to cashflow than other acquisitions.An owner will have less Cap-Ex expenses because it's new and should only get Class A tenants, with miniumum issues.So, it's a tradeoff of cashflow vs appreciation.As long as an investor understands this...