It's the conclusion you came to before you wrote the post I know but bringing up the challenges might make you realize that you might have to offer a heck of a good deal to attract a potential partner.

It would definitely be fraud if this was the case, a recent post from an auctioneer talked about this exact situation, where they said the auctioneer was liable (different bedrooms/type of home example you don't have to read it) States would differ though and it doesn't seem black and white. https://mikebrandlyauctioneer.wordpress.com/2022/07/12/no-li...I do agree with you that it could very well lead to being burnt, however.

welcome. go to as much networking events as you can and mingle. there are great posts on this forum which you can learn on many different topics. the podcasts are great. if i can help in anyway, reach out

I have had great success with Zillow Rental Manager which is free and posts to Trulia and Hotpads in one go PLUS their application fee is super cheap.

Focus on what the rents will look like post-renovation with 4 units instead of 2, and have a clear game plan for refinancing to pull your capital back out. 

Although, the posts here are accurate we take a different approach.

So I saved you 5k and read my post above on why short-term rentals are a far better investment without the headaches of going to court to recoup damages or fight claims of being a slumlord (which by all accounts he is) 

Quote from @Nadia Jones: Also posted in Getting Started Forum, but figured multifamily category may also generate some responses...so posting here as well. 

Backstory: As some of you know based on previous post of mine I've found my first "possible" real estate deal. 

Post the numbers and the street.