Put it in writing and have both of you sign it.

The lender will require that you live in it for 12 months and then you can rent out all of the units after that and start the buying process using the same strategy all over again after that 12 month period.  

I make sure that they help in creating new systems and processes, always asking for their advice.  

Invelo is more of an all in one solution to finding, managing and moving off market sellers through the sales process with an emphasis on education and community.

I just recently started a jiu jitsu academy with a couple of friends, and although I was not in the day to day grind of the process in finding a building and building the space out, I did become fascinated with the process.

I have 9 loans currently so looking to do a conventional loan on my next depending on that process.

Buy and renovate the property and in 6 months do a simple cash out refinance and pull out some cash and start the REI process all over again.I am North of you up in Pinellas County West of Tampa and there are also some great places up here that might save you some cash. 

Did you have an agreement in writing signed by both you and the designer regarding payment schedule and purchases?

I have been learning how the process works and there are a lot of resources for how to interview a sponsor and review the deal, but how do you initially access the deals to review?

I have actually done this and can say that it is a pretty complex process with many rules.