You have to accept that when the tenants call and say "the toilet is backing up into the bathtub" you have no choice but to deal with it ASAP.

However, I think I don't have much choice in this situation.

You will need sufficient income to get your DTI below the lender's threshold without the rental income.If you're looking for recommendations for specific lenders you'll need to post in the Marketplace forum.

Brianna - Thanks for replying, this makes me feel a lot better about my choice to go with a multi-unit via FHA loan.

The current state tax records only have the improvemnents listed as 16k dollars (which is way undervalued).I plan on completing the strucure prior to renting (I have no choice the county wont give me occupancy permit until all work is done).

I think sometimes, you can't behave like an economic robot and you've just got to do what feels right, particularly when both the choices are good (just one is better).

I'm the opposite of a rehab expert but I did take on my own house renovation not by choice per say.Best I can offer is this.Communication is key, be explicit on what you want with clear explanations.Do not pay if you are not happy.

Great that you're on top of all this at such an early age.If you really want to Wholesale and are trying to pick a market then I would look at large saturated markets as my first choice where there's plenty of large quantity of densely populated houses.

I have some literature I can send to you to describe the choices syndicators generally are required to make when setting up their own funds.

The best liability protection is good management of the units, not entities, the rely on insurance, if those are sufficient you should never have a problem in reality.