Another thing to keep in mind is that some HML's aren't super keen on the idea of financing a first time flipper- HMLs that will lend to first time flippers do exist obviously, just don't be surprised when this question comes up from one.So here’s an example deal; (Just trying to make sure you have an example deal to see how working with an HML would work and in my quick typing I may have gotten something wrong so please use just as a basic outline for an idea in concept!)

  :)  Most practitioners are keenly aware that a short-period final return generally won't have the same due date as a regular calendar year return. 

The long term.We just on the start of our path to Financial freedom and keen to have trusted advisor to help us get there.Thanks Chris

Your folks don’t seem keen on harvesting the equity but rather they seem motivated toward setting you up here.  

I should have said this sooner but do your best to maintain your rental properties in good shape keeping a keen eye out for any possible safety issues.

I’m just worried about the occupancy during the summer using that strategy, so I’m not super keen on that.The financing shouldn’t be a big problem for me, as I could easily put down 10-15% on most of the properties I would be looking at.

Keep a keen eye on the books.

I'm keenly aware of how little I know and how badly I could hurt myself by acquiring the wrong "deal."

@Stetson Keen find a local lawyer that can help you draw up the paperwork for a partnership.

Investment Info:Single-family residence buy & hold investment in Keene.