Or, since it's a refinance and we can show positive cashflow / steady renter for 4 years etc that the process will be less stringent?

After finally finding a multi-family property I think I am interested in, I now realize I don't actually know the "on the ground" process for when/how some of these steps are implemented.  

I'm a one man show right now but I am trying to plan ahead and start implementing systems now for when I grow and start to incorporate VA's etc to delegate tasks.

I intend to use a split strategy which includes a flip or two per year to generate income (don't need much) along with a partnership with a loan sponsor in order to implement BRRR method.

Read BP regularly as well as every book you can find on the subject.The final thing you need to do is pick a strategy, implement it and start making offers.

If we were to re-implement the error, I think @James Wise would be way ahead by an even amount again ;)

If any paint is disturbed, then it must be dealt with under the assumption that lead paint is present because of the age, and must follow EPA lead paint removal guidelines which are very stringent.  

This post and these conversations are the start of implementing what I know.

This reporting and feedback from members indicates the TRID policies implemented October 1, 2015 have not slowed the closing process as many had feared. 

I want to implement systems that allow me to scale and with the 10 unit I'd have to do it from the start.