I'm pretty comfortable with this size of rehab as I manage the systems for a rehab company including Scope creation, Project Management etc so feel I can get that side of it done.The part I'm not as sure of is once we convert it to a rental and the numbers to ensure cashflow there.

Your expenses and hours worked will be substantial because you are taking homebuyers all over creation to the ends of the earth to make a sale.Now let's look at commercial.

If you are in a jurisdiction like Berkeley or Oakland, then watch out because the rent boards in those jurisdictions do everything in their power to prevent the city from approving the creation of new units in previously rented space. 

Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants waived ACH fees and additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).

Depending on your budget, these can run between $500 up to as much as $10000.I use ELANCE.COM to get quotes for my specific website creation needs.

The title & note can transfer all over creation, but the HOA lien sticks to the property.Quitclaim or suit to quiet title will have zero effect, because there are no flaws in the title.The HOA lien is your first concern.

Compound interest is crucial for wealth creation and your 20s are the best time to start. 

As an architect, I cannot merely sign and seal a set of documents that I did not create or have direct control over their creation.

I realize I am responding to this post, quite a while after its creation, and don't anticipate a response, but here goes nothing.

if house hacking a duplex, a percentage of the rent of the non-oo unit counts against the DTI limits. cash flow helps pay the bills, but wealth creation is via appreciation.