Agree that experience is the best education.

The transaction netted near $1m but he had a 50% partner (not me, his sister) so he netted half (land transaction on large scale ADU development - https://www.cbs8.com/article/news/local/working-for-you/new-...). 

@Kayla Elliott is the handyman 1099 or W-2?

Let me see if I can find the article and take a look. 

So it does appear to be possible to get an FHA 203k loan for a 5-unit & convert to a 4-unit.When possible, aim for the Limited (aka Streamline) 203k loan, as it's less complex, not required to get an FHA consultant, etc.Of course, this is based of the two following important assumptions:1)  zoning allows for this2)  and obviously I owner occupy for at least 12 months3)  the total purchase price + renovations are within the FHA loan limits specific to my areaWhat I'm confused about is the timeline or chronological order of the process? 

All the best!

It is difficult to schedule a time for the Potential tenant and the current tenant and often is after hours.

Hey guys, my family has done a couple rentals in the Birmingham area and want to know what are the good areas that have worked for yall! 

Any thoughts on the interface?

The strike price follows the declining principal balance of the underlying mortgage.