I also added a pet blanket for the master bed, because dogs' nails were snagging the stitching on quilts. 

Financing-  build a relationship with a regional banker, don’t shop for interest rates, start small and build history and loyalty they are your team, Cross collateralize, deposit CD/MM or custodial account with bank for loan, give them monthly updates, nail your deal analysis, do stress tests on your deal analysis-cost/interest rate/deal length/ sale price etc. 12.  

Quote from @Ryan Kelly: @Scott Trench nailed it.

It hits every nail on the head and I see it everyday where everyone acts like sheep and just follows the herd because some guru told them too.

We don't even let the tenants fill nail holes or touch-up paint, as they usually screw it up, so we let a lot of little things go as normal wear and tear and just have it addressed between tenants.

Florida homesteads have no cap on the asset protection (I don't know Utah's laws), so for folks like surgeons, I would set them up with an equity line rather than a first mortgage.

75% LTV is the cap on cash out with many (but not all) lenders, so I'd make sure you have a viable option for 80% before you make your decision.

That will require a rough and final inspection. 2) When installing drywall you will need a nail/screw pattern inspection. 3) You will need to provide 'conditioned air' to these rooms..how are you going to do this and that will require inspection.Will you have to increase the size of the electrical panel?

There seems to be a bit of hostility here from the contractors, and this was really just a question so I could better understand and more easily work with contractors.This question was for a first-time encounter with a new contractor not recommended to me by anyone I know.I am happy to give weekly checks for progress, purchase all materials upfront including all the fittings, nails, caulk, and whatever else the contractor chooses.

Once you have those dates nailed down, have your setup team at the house opening the rest of the boxes and setting things up, that way you have someone to receive the delivery who is not just getting paid to wait around.