My advice is good advice, but it's common that most people new to wholesaling still think they are going to make a mil in a year and only want to hear the good stuff.

What kind of construction project? 

Yes it’s common to have an additional guarantor who has a balance sheet added as a credit enhancement.

On the house hack, you can divide common expenses by square footage or bedrooms, whichever is more advantageous. 

That is very kind and noble of you. 

Each bedroom shouldn't need to go through the common area to exit the building4.

That is not a benefit for you, nor any kind of evidence that they are worthy of becoming a resident.That issue aside, I would not allow someone with a recent eviction on my property unless the "unfortunate circumstance" was unlikely to recur AND they otherwise have a strong historical track record of making payments AND they would put down a very large security deposit.

@Monica Juarez-Gonzales awesome, what kind of property is it?

You'll probably want to look into having your assets held in a living trust or some other kind of trust if wishing to avoid probate in California.As to your question about the mortgage, there's a federal law that the attorney might be referencing that generally protects transfers into a living trust from causing the need to refinance, but would need more details to discern.

How do you navigate that challenge in a market like Utah, where achieving that kind of rent-to-mortgage coverage is becoming nearly impossible?