Be sure to study up on the pros/cons of UBIT. 

Seek advice on getting started and maintaining a long successful career in real estate investing.

Realities of growing units while maintaining a full time 8-5 job?

In my area, I would probably start with the county, which is the taxing body and which maintains property records.Here's a link you may find some value in.

I will study the detail on points and rates, I guess I have a lot of homework to do.  

But if you can maintain a charge and payoff routine then your credit score will definitely benefit from that type of account!

So far I've been on the project with other investors to watch (but not enough), looked at numbers from other peoples deals, and studied up on the forums/podcasts/reading. 

And seems like everyone knows each other..And for the most part they take a lot of pride in ownership ..and maintain the homes nice..Keeping them in demand.Good luck ..

Multifamily conversions all have the same cons: electrical and gas workings and meters are difficult to maintain.

The typical restaurant business fails in the first year (MBA marketing studies) and even the biggies close specific locations due to - - wait for it - - CASH FLOW.That said, offer the shorter term lease and let them prove themselves.