I would also advise that you keep an emergency stash of cash in your regular bank.

Well Tom what article or clause of the constitution references "assigning any contract."

They had a low credit score but beyond that, they were a solid applicant based on their application and references.

The process you are referring to is what we call a consolidation exchange, where you would sell multiple properties to buy a  larger property.

Would you still use your friend as your GC and just pay him his regular rate (and would they be happy about the new arrangement)?

Have them fill out an application form listing their previous place of employments, references, etc.

I have known agents who got business because they were bartenders or whose husband is an accountant and got referred business from him.

I used to be a loan officer, however, I will for sure refer you to the experts as I have since transitioned to being a realtor!

I've bought a few SFH and in Florida and they only up several hundred (a thousand max) in a year.Also, I don't think there's any way for a SFH or Duplex to make $5k per month cash flow, so are you referring to 8+ unit apartments?

And he knows who's working regularly, who's only off-and-on, who's going through troubles, who needs extra work.