It is essentially the same procedure as a foreclosure.  

We have a good understanding of the formula involved in deciding which house to choose, ((ARV X 70%) minus rehab cost = maximum purchase price), and we understand the costs associated with purchasing, holding and selling and have a good handle on general rehab costs as they go.Having said all that, what is the procedure for obtaining the funds for the rehab?

What is the procedure for searching and purchasing out of state multi-unit properties.

The law governing rent escrow procedure can be found in 9-9 of baltimore city's public laws.

We decided that we do a good team so we are preparing to acquire another one this summer, with the goal to expand as quick as possible but at the same time not get over-leveraged.Slowly I have built my credit which started to open new opportunities for financing, so now I need to study even more, and BP looks like the best way to do this besides reading books.At the same time I got a real estate license in order to learn the business, the procedures and the market which I buy my properties.

Newbies need a proven Step By Step procedure for finding funds.

Before you do all that ..you guys need to sit down for dinner and spend a couple hours really hashing over what you expect to contribute what you expect to do as normal operating procedures how the money is saved for reserves how it’s spent on capital .what kind of entity your buying it in , what will be the exit strategy or if one person dies or becomes gravely I’ll .

Alex,I've been speaking to multiple people about getting the meetings set back up with the policies and procedures that are shared with the other groups around the midwest.

What is the standard procedure for duplexes/triplexes? 

Fees vary as well as procedure, unless you are bringing a huge deal to the table a lawyer would be too much.