There is a fine line between testing the limits and analyzing yourself out of a good deal, so something to be cautious of as well.

😀I use First American Exchange - reach out to them and they will set you straight on how it all works. 

Each scenario requires different skill sets and partners. 

Its a limited doc program 

SB1033 is likely useless for your intent as it allows jurisdictions to Set their own requirements which is exactly what existed prior to SB1033. 

Partnerships are like marriages, they're great if the partners are aligned and they hold each other accountable.And please set expectations with your partner.

Where I lack understanding is at what point do you start making money for example you buy a duplex lets say it was 300k the monthly mortgage is 2,500 each renter pays 1,500 thatd 500 cash flow which is I guess “profit “ but as the landlord you're responsible for major repairs such as but not limited to roofs, plumbing issues, electrical issues that all can be expensive you would have to have money saved so that 500 cash flow is profit but wouldnt it just have to sit in a bank account? 

Note: I left my corporate job over a year ago and building a startup (beyond real estate) so I believe this limits my options re mortgages, yes?  

It tested low: Highest levels are .3, well below the 1.5 legal limit for contamination.However, it’s been suggested that I still might want to hire a remediation company to do HEPA-vac + wet wipe throughout the home.

You can use that money to put down on any new purchase the bridge loan is set up as an interest only loan for up to 18 months.You can also use a simple "Renovation Loan" to purchase a home or after you close but the renovations must fit into the new ARV/LTV.