HI David,I really like hearing both sides from you and Jon.As an out of state and instate investor and a loan officer who works with newbie investors and seasoned pro's who operate in many businesses (flips, new construction, Multi and single family, etc), I will have to agree more to your side because most people I've encountered do not do the due dilligence necessary or usually have the capital necessary to make small mistakes while learning from each one enough with out risking their own bankruptcy.I see many in state investors in CA (Los angeles and Orange county, and San diego county) buy properties that are not even positive income on day 1 and this is assuming no property mgmt, capx, and or repairs. 

Which is why fashion mags advertise perfumes and colognes with scratch 'n sniff stickers!

With the amount of money at stake here I would definitely sit down with your partner and write out exactly how each of you thinks this will work, and how it will work if you encounter problem A or problem B. 

You will encounter a major problem with tenant turn over if you attempt to have a no smoking policy with only one of 4 units.

The only way of getting a corporate credit card would be to provide collateral and apparently that would be extra charges.That being said, has anyone encountered similar road blocks and if so, can you please advise how I can counter this obstacle?

She indicated her family would give an allowance to fund their housing.Have any of you encountered this and how did you handle it?

Yet many formerly incarcerated individuals, as well as individuals who were convicted but not incarcerated, encounter significant barriers to securing housing, including public and other federally-subsidized housing, because of their criminal history.

However your down payment might be smaller than what an investor and operator of apartment buildings might encounter.

It seems that besides getting the correct window for code, (which should be on the manufactures sticker) that as long as someone pulled a permit, that the inspector should be able to inspect the correct installment before the trim is put on and permit signed off.

How much they are paying is unknown until they sold sticker goes up.