If you're doing a side deal and borrowing the funds for the down payment and then paying investors back, they're really going to frown upon it (they don't want any of the down payment to be borrowed, and will question any large deposits coming into your account).Also with a multi unit that I assume you'll be renting out, make sure you have cash reserves for the unexpected (evictions, damage, code changes, etc).Good luck!

(tools knowledge of outlets/discount materials & sweat equity)WHAT DO YOU RECOMMEND WE DO FOR OUR FIRST DEAL??

The answer is "When you find out, let me know".

I am concerned that at least one of the 2 walls is load bearing and both have electrical outlets in the walls.  

You should also keep this letter for future reference, because sometimes life has a tendency to change unexpectedly.

In this case an aging family member was looking to sell one of their properties after a tenant had moved out unexpectedly.

@Shelly Forte I have experienced unexpected delays before but it's bound to happen every now and then with printing services.

Now he's facing stiff competition from the other outlets, because he cannot keep up with the trends & demands of his customers..

The ex-wife has talked with the bank about doing a deed in lieu when the time comes, but i don't think that is allowed with deed in lieus because i think that only works as your primary residence as far as I understand and even if it did i think the amount would be taxed as income so she'd have an unexpected tax bill.The house is under water.  

Starting out, let them do the underwriting and due diligence.