Here is my two cents: When hiring a contractor for substantial renovations, start by researching local licensed and insured contractors with solid reviews.

Quote from @Chris Magistrado: This is a terrible idea.87% of all real estate agents quit within two years.

The property has forced air furnace in one unit, two boilers heat the other four units. 

When we got engaged, my wife didn't want roommates but was willing to do a two unit situation.2.

If it was a day or two early maybe.

Two things to consider: factoring in risk and opportunity cost. 

I have probably gotten between a hundred and two hundred loans within the past 8 years and I have learned some things along the way that make getting loans easier and harder.

However I believe it’s great to have two independent sets of eyes (in addition to your own) on the books to make sure everything is accounted for and running smoothly.

Took about half a year to learn how to walk, talk and even eat again, but bounced back to my love for real estate investing and the two things that transitioned me from just wholesaling to actually buying deals as an investor was creative finance and private money.Bought my first rental property in Easley, S.C. owner finance and one of my best rentals I still own today was bought subject-to! 

There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.