Then, we share them with our clients.

Simplify the structure as much as possible, have clear roles and responsibilities that are not overlapping (meaning only one person is allowed to make certain decisions) and a clearly defined exit plan.

@Shawn McCormick is local to the area and can share some of his experiences. 

As per their terms of use, "The Site is provided solely for your personal noncommercial use."

Does anyone have a hard money calculator that they can please share?

I personally would never invest somewhere that could outlaw rentals.

.: @Kieron Osullivan Thanks for sharing this, really insightful.

The information shared is based on my experience and industry knowledge and should not be considered legal, financial, or insurance advice.

The insurance company will send you copy of the tenant declaration page proving coverage, and they will notify you if the tenant ever cancels the policy or allows it to lapse.HOW TO SHARE UTILITIES 101You have a property with two or more units and the utility meters are shared.

Personally I wouldn't feel comfortable trying to wholesale a relatives $1M home knowing that I am breaking the law if I cross over into doing anything that can be considered representing them in the transaction, and knowing it will only be marketed to people who buy properties wholesale (typically investors who don't want to pay retail prices), instead of the majority of retail buyers active in the market who are typcially willing to pay more.