It's set up as a triplex, but it looks like it was originally a duplex, so nothing crazy.

With market rent in the area reaching up to $1,400/month, there’s great potential for increased cash flow.

Maybe the construction costs would end up being the same no matter how it’s done, but I haven’t done much new construction last few years, I’ve just been buying existing stuff, so I just don’t know. thanks!

Then send a follow up email outlining what you are proposing.

As far as a house for you, you can look up BerryRock Homes and see if they'd help you out with a Rent to Own in Wichita.

It will get f'ed up.

Thanks for you answer and the heads up.

The biggest reason I have the umbrella is for exactly that reason. 

I ended up putting down 4.35% of the purchase price, a big step up from my previous deals, where I put down between 0.60% and 1.10%.

2) When using other people's money to invest, what is the best way to set up an agreement on a limited budget?