I don't bother anymore with parents as a co-signer.I am not concerned about private vs public.

@Chris Schroeder, I would second what @Jeremy Hart said and get it in writing (I bet they won't do it) if you are really concerned about the DoS clause because realistically these loans get sold all the time.

Investing $300k to split $75k is not a very good return - this is also assuming that nothing unexpected comes up causing the rehab costs to increase and the market holds level.

It does seem to me people are generally happy and friendly around here, there is no real traffic issues unless maybe a moose gets into town and causes some rubbernecking. 

The drywall inside on the other side of the fire, was undamaged.I also ordered the fire report, from the fire department, that indicated a cigarette, as the likely cause, and noted it's presence, in the area of the fire.So now I have evidence, my tenant is lieing to me.

However my biggest fear is that I leave a significant chunk of money on the table (or worse, I over look something that causes me to have to OWE taxes).

In contract for a duplex which is one of our first deals. It currently has tenants, one month to month other on a lease.This is in upstate NY and the city requires a certificate of occupancy (with an inspection from t...

My main concern right now is being inexperienced and jumping into a market like Dallas which is very very hot right now.

We responded and stated that upon inspection, if the property was in clean order, i would release half of it the next day; i explained that the back tenant is not communicating with me and will not let me enter the granny flat so I'm concerned i may need the deposit to evict her. 

If the property will yield immediate positive cash flow the day the renter moves in should be your biggest concern .