So we are closing on a SFR and a duplex. I am getting loan for SFR and 2 different banks. I am doing a rehab and hers is conventional and fully occupied duplex. The local bank she is using has been good and that's why...

Currently, a 19 year old living in San Jose, CA in the process of pursuing Real estate investing along side with my father.

If you try to buy a bunch of properties using the "rent - PITI" forumla, its only a matter of time before you hit one of the irregular but totally expected major hiccups (e.g., major tenant damage, lengthy eviction) and end up in a very tough spot.Fannie Mae guidelines also require cash reserves.

Do your homework, and find someone who will work alongside you for years to come.

Get bids on specific projects from people you find through your network or through Craigslist etc and if they do good work then see if they would be willing to work alongside you or for a daily rate in order to cut costs.  

IE techies etc.And want a truly passive investment that will knock the socks off of all most any other investment short of creating your own company .you will be investing right along side of the Harvard endowment trust and John Hancock. 

The last time I looked, he would be required to work for a licensed contractor for a year before he would be eligible to get his own builders license.North Charleston is all mixed up with nicer neighborhoods right along side not so nice ones.   

Learn while helping them and hopefully gain some credibility along side of them.What comes first the investors or MF experience.

They will typically have recommendations for attorneys, already have LOIs structured that can be used to work out exact terms of the agreement, and alongside your attorney can ensure that the final purchase and sale agreement are aligned with the initially agreed upon terms and serve your best interests. 

By signing a lease as a tenant alongside many other tenants, they can capitalize on premium location (which we all know is key for most businesses, particularly retail), and not pay an exorbitant amount compared to their gross revenue.