I'm 26 and  my husband and I want to be involved in real estate investing SO SO BAD.We just opened a moped/powersports dealership together which was very difficult and draining on our finances and credit.

@Luis Reyes,As far as a PM or not, you need to ask yourself-- do you want to be involved, or just get a check? 

How soon do I need to involve the lender in this process?

I wish they all could say "NO" if they really didn't want to do the job, instead of wasting time for both of us involved. 

In my opinion, a 'complete renovation' would normally cost more then 10K per unit but then it depends on what they mean by 'complete'.There are lots of questions to ask and have answered before you can determine to move forward of not;- Statement of work (SOW) regarding work done- What is warrantied and for how longetc.Also while this is not a 'turnkey' as it seems that HW does not own the property, they are certainly intimately involved.

Our investment activity is centered around flipping, but you could certainly use the same approach with the BRRRR method.

With your background in construction why not get a cash investor or hard money lender involved and take down the deal yourself?

Personally, this is where I would get a GC involved.

I do not believe race is in any way involved, however this information helps to explain why there has been a lack of direct communication between myself and the other tenants.In the ten years I have lived here there haven't been any arguments, disputes, or angry interactions with anyone here.

It's a bit of a gray area for some attorneys, and they think it improper to possibly put an owner in that situation.There are some real positives for doing a Sub2, even with a due on sale clause, but both the buyer and seller should be well informed of the potential gains and losses with the method.