For what it's worth - my good friend and fellow REI colleague has 2 properties she purchased for $1 each.

Hello Friends,How long someone has to wait to rent primary home after purchase. 

Specifically I will look into the following:- Legal- Tax Rules- Network + Friends + Connections- Language Barriers- Payment Transactions and Recourse for Fraud- General/customary behavior among vendors and contractors in the area (good and bad)

Will always change your business Absolutely my friend.

Hey Michael, there's plenty of folks here and local meetups for you to network and pick their brains.I would connect with some local investor-friendly agents in your market.

What if the tenant ignores our denial and moves the friend in anyway? 

Just because you don't make any money on them, doesn't mean you aren't responsible, along with the source of the actual plans, for any mistakes in the plans, or even any mistakes in construction from lack of info, misunderstanding, or just plain stupidity of the builder/user of the plans.

My friend @Miller McSwain does this very well and is even writing a book about it!

Hi Everyone,A friend of mine is negotiating on a RE contract for the sale of their home.   

I’m new to investing so unfortunately can’t provide much advice on the area but have been out there a number of times over the last couple of years to visit friends and like you, really love the area.