I know several stories of contractors using someone's credit cards for purchase for other job of their own.

(We have also sold several tenant-occupied rentals to other investors, but didn't rehab them)Some questions to think about:1) If you keep it, who will manage it for you?

Another thing we did several years ago was we took loans we bought at a substantial discount, I hypothecated about 70 of these loans and it was basically the BRRR strategy as we got our money back out of the deal, and the investor got 5 years of cash flow and I kept the back 10 years.

You can plan several years in advance what to do with a large sum of money I will pay later. 

However, the money needed to start real estate investing depends on several factors.

My family recently inherited several rental properties.

We give them the option to move out for several reasons: - if it is truly an issue and they stay the burden of liability shifts to them, you still have to fix it.- if they stay and it is not an issue then they will still think that it is.

. $100 for a lease and several other documents, written by investors and attorney approved for your state.

I would strongly recommend to join several syndications as an LP for your next step. 

Plus we have several other documents from WLB like non-standard lease provisions, rules and regs etc we use as well, so it adds up.