I look after I have contracted the house.

Single Family: Can you find a house with a separate walk-out entrance/exit?

I want to understand how to structure the finance terms.if for example the house is on the market  for $200K1. how much do i ask for down payment2 going interest rate?

If you don't have a primary residence yet, I would highly recommend house hacking first.This is a great strategy to use low money down, get into an investment property, have a roof over your head and still keep a large portion of that inheritance. 

When looking into getting my first flip or rehab house there are all kinds of work that I am curious of and other people's experience.

I'm looking into potentially house hacking a small multi-family home, preferably in northern NJ (such as Morris county) or Westchester, NY if possible, but I'm open to other areas that are hopefully within about 1.5 hours (driving or public transit) of Manhattan.

Is it too much to think that he would proactively tell me when the stairs are literally crumbling and the gutter is falling off the side of the house?!

The house at that time was probably priced around 1.3 million.

The houses are on pretty rough cosmetic condition but the tenants have not shown an interest in any kind of renovations.

@Brianna BuscemiIf I could do it all over again, I wish I would have purchased a 2-4 unit property instead of a town house as my first property.