Conventional Lender will likely see it is not an arm's length transaction and be more careful to get all the paperwork and not waive any conditions.

How did you find the essential members of your team? 

What questions should I ask the motivated seller in order to present the most essential information for buyers?

Before getting the house appraised for the loan it dawned on me that we are essentially in the middle of a BRRRR. 

Does the Property Manager end up on any paperwork (besides the contract between them and me)? 

One of the best strategies to get started in real estate investing is house hacking, which is essentially renting out part of the property you live in.

The whole point of all the qualifying paperwork is that banks have a generally good idea of (over millions of loans) who is likely to be able to keep up the payments and who can't.

A freeloader would make me work way too hard on paperwork and legal crap.

I’d really like to wholesale but I believe in IL. since I do not carry a Realestate license, I’m only able to wholesale a deal per year.Since you are essentially an industry professional you are going to have better results than the average person no matter what option you choose.

The Silicon Valley effect essentially pushes long-time locals and general workers out of the market like a take-over.