Is not a licensed appraisal specialists and therefore is not permitted to provide an opinion of value . ( keep wholesaler from telling seller their 500k prop is only worth 300k).4. the disclosure goes on and on about how to terminate it who to file complaints with etc etc. complaints go to the DRE.

The investment is a little bit more upfront since you'll have to furnish the room and bathroom fully, but you may be able to command a higher rent each month since you're covering all utilities, WIFI, and providing all the furnishings.Either way, renting out the room is a great idea and I'm sure it will be helpful so you can rest a little bit easier while you save to move to Lakeview, eventually :)

Make sure you and your mortgage provider understand "delayed financing".

In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.

are there services in NY that provide this info.. 

For legal, we can provide you a list of attorneys out there who do this and my recommendation is to interview them to see which one you feel works best for you.

After reconsidering the utility cap, I’ve decided to only include Wi-Fi as a provided utility, and have the other utilities split between tenants.

The investors must be provided a Private Placement Memorandum, subscription agreement, and operating agreement.  

My property (soon to be properties) in Costa Rica are calculated to provide a modest cash on cash return but will provide a very high lifestyle return.  

Any recommendations for Umbrella insurance providers for each partner to cover any liability?