Initially we thought that might just make things easier if we're refinancing every 5 years, but if 30-yr fixed are on the table that changes things.

Straight mortgage 30 year but since I knew I wasn’t going to keep it I negotiated a higher interest rate for less money down and buyer credits at the table which saved $1000s How did you add value to the deal?

Theres some massaging you can do with the down payments and the note from your dad to make the bank happy.

Something you might consider is taking a look at your strength and weaknesses, I did that and partnered up with someone who brought those things I didn't have to the table. found a mentor,  And a carpenter,  I wasn't a Carpenter, so building things wasn't in my forte, I had a friend that was. 

There are hundreds of different tables available with ACS data.

Adjacent to the kitchen is eat -in space for breakfast, and a spacious dining room fit for a large table and buffet.

Essentially, you will be giving away all profit.Unless your contractor is bringing something else to the table, I would never consider giving him an equity stake.

so you'r son is a real estate investor from 1 day, nice ;)thanks, i'm definitely trying to do just that, regarding multi family, i am keeping all my options open, i think i would like to start with a single family house, to get to know the business, since i'm not from around here i also have a lot of logistics to handle on top the of the rental. as it said, i'm really keeping my head open. so open that currently on the table is investing in multiple countries not just the us :D

The rest bought cash by bringing in partners who brought cash to the closing table.

I cant decide if I want to hire a property management team to rent it out for me or if I want to hire a real estate agent to sell it on a rent to own basis $1000 down $250 per month over 5 years.Is it smart to have BOTH options on the table at the same time and whatever happens first go that route?