Being that the cost of the program is about $7800 (amount I gathered from other posts), I didn't want to to make a costly mistake.

If an individual is lied to to get them to enter a contract it is a crime.

People dislike what they’ve seen run rampant in an industry. what are these insane regulations and licensing requirements you’re referring to to become an agent.

I could work backwards if I had to to add up all of the depreciation I claimed over the years and subtract that from my original basis, but I don't know what the original basis was. 

It has a good cap rate and everything was recently updated, head to toe.

A very important note to your getting started phase - No real investors want to "to grab a coffee or hop on a call" without getting to know a little about you and knowing if you have something to offer them.

I plan to to rent it for 3500 when the time comes (first floor with basement)We are currently looking for our next multi family but just need to figure out the best route forward for financing the purchase.Use our own money, tap into the equity here, refinance here out of our FHA to roll into another one at our new property, go the Fanny Mae route with the 5% down Multi Family home loan program. 

If your intention is to use subject to, to enter into a business with another individual, the best advice is to have an attorney draw up both documents.

All I knew to do was to call the pool company (who the PM introduced me to) to see if it was them. 

Meaning, even if the property will be worth $1.5mm when done (80% of that being $1.2mm), if the actual cost to build is $1mm, you will still need $200k equity to to put into the construction.From there, Robert's construction quotes align with what I have seen, and this is heavily dependent on finishes.