My brother and I have went through some classes and seminars which unfortunately does not fit my learning style.

She even suggested I simply add a smaller unit such as a camper style unit, in the kitchen area.

Nicely styled kitchen!

Its sitting on a 4,356 sqft lot, hoping to construct a two story townhouse style duplex.

Everything from lack of patients to work style to damage to your reputation can happen in a short period of time and cost you far more in the long run than a few thousand dollars for an emergency repair.

Without significant cash for PD and reserve funds you will not likely be successful.To qualify as a investor you must have something to invest...cash or experience.Work hard, adopt a frugal life style and save to invest.

I absolutely love it and don't plan on a different life style in a long time.

Make sure the $5K is not for other third-party fees such as any environmental, title or credit check expense.As for who can order an appraisal, I would defer to an actual appraiser but my understanding and experience is that appraisal regulations only impact regulated groups such as banks and therefore hard money lenders can effectively make up their own rules regarding appraisals since they are not regulated like banks and are lending their own funds.Finally, banks do not have the "right" to redline.

Think turnkey but I never own the properties- I find good ones off market that are already cash flowing and sell them directly to rental property investors wholesaler style.

Are there any lead paint/asbestos/environmental issues?