I can make those decisions with an email or access to the following information.The address of the housePictures of the following Kitchen Bathroom(s) (tub, vanity and floor) Roof (reasonably closeup) Front View Rear View Furnace AC Hot water tank Window, typical of the majority in the house Garage door Fireplace Driveway/Sidewalk Garage if free standing Main electric panel Anything wierd, or destroyed that is not on this listSome rehabbers may want comps, I run my own.

For your first house, duplex or not, I would try to find something that will be profitable as a stand alone rental or at least break even.

At the end of the ten year period, instead of getting the income the property generates he gets payments on the $280k For my part, I get to keep any income created that exceeds the cash flow promised to my stepfather based on the income from last year, and I'm gaining equity through appreciation.

He said I was basically 18 months late to the party.

Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.

The screening part is easy.

I'm assuming you would need an attorney to structure the contract and make sure both parties understand the agreement.

There are too many people that don't take school very seriously and just use it to party or a reason to get away from home .

I asked a few people but mostly they were stand offish and would not talk to me.

The premium or discount will depend on the note and party.