It felt good to have several intellengent conversations because I have felt very alone in this.This is my dream, not my husbands so time to go solo.Barbara

But I do bet hubby becomes much more supportive when your "dream" pays the bills in the house.

The furniture credit at a local store sounds good in theory, however, what I really think you are trying to do with your idea is capture that OHMYGOSH moment that a prospective buyer has when he/she walks through the door and sees the house of their dreams fully furnished beautifully.

(unless they turn out to be dream tenants , get started making reliable income and want to stay).

Hopefully its real and not some pipe dream.

A good GC is worth their weight in gold.After auditing the books, I would probably try to work with him assuming it didn't eliminate my ability to make a profit on the deal and I wanted to work with him in the future.Honestly though, your biggest risk isn't with the GC, it is with the subs.

Probability distributions will probably be used but it's nothing more than weighted averages and you don't have to come up with probabilities, so it's nothing a 9th grader can't do.

Income, experience and cash on hand pull more weight than credit in my experience.Think about it... if Party A and Party B can be approved.

Seems like a faint dream in my mind.

I'm in the military, so we have dreams of renting this place out when I get transferred, buying a new one, and so on.In my perfect fantasy world, this method could yield me 3-4 nice single family homes by my mid 30s (in 10 yrs), a good passive income stream by my mid 40s (20 yrs), and a solid retirement foundation for 55+.I have a ton of research to do and this site looks awesome.