See an attorney, don't do it yourself, I guarantee you'll miss stuff if you do. examine state statutes as to what happens under various events, if you want it done some other way, then address that up front.See an accountant and an attorney. :)

I continued through school with the masters and at the same time went to FDIC as a bank examiner.

We learned a lot of valuable real world info but apparently not enough to pass the stupid in class exam in order to take the state exam.

I am not sure I would have a dishwasher in future units.simply because I find it is not a necessity to have a dishwasher. for the expense versus what I feel it offers in terms of desirability....The question of what amenities to include really should be answered by examining the nearby local competition for similar units.

Borrowers will still be closely vetted by Fannie's underwriting system to examine their complete application, including income, down payment, credit scores, and more.Source: "Fannie Mae Will Ease Financial Standards for Mortgage Applicants Next Month," The Washington Post (June 6, 2017)

@Mike Fletcher Hey, I just finished my classes, taking the exam in two weeks and no, it's not illegal to work with wholesalers but you need to be mindful of who exactly owns what you're trying to purchase. 

The benefit to you, upon a thorough examination of the individual, is a property that is essentially managed for free and the removal of long-term tenant issues that can sometimes arise in long-term rentals.

loan amount: 80000Origination charges:3pct points: 2400processing fee: 850underwriting: 300Services you cannot shop for:appraisal: 510credit montoring service: 7credit report: 15flood determination: 11flood life of loan: 5life of loan tax service: 55tax certification fee: 18services you can shop for:title search: 225lenders title policy: 531closing fee: 550title survey: 400title examination fee: 150taxes and prepaids: recording fee: 207transfer taxes: 1107Home owner's insurance: 1740property tax: 257Optional:title owner's policy: 140total: 10059So 10000 bucks on an 80000 loan?  

I'm nearing the end of real estate school and will be taking my state exam in mid-July. 

Again, others might feel differently here.3) property level due diligence: (takes seconds to weeks per deal): here is where I drill in with the low-level details.a) pro forma popping: I examine all the assumptions, and see if they are overoptimistic or not.