You are talking about going into business with your best friend, so hopefully you would both work well together but you need to do proper planning to make sure it does. 

At the beginning, we were only plan to do quick rehab on a 2/1 but the finish product is a 3/2.

Still hard to find.I would warn you though, so many overpriced "deals" around here are sellers waiting on "california money"  (Out of market players who will accept ridiculously low returns, or no returns, or buy crap neighborhoods with no hope of appreciation).This 10 year run in us real estate is a by product of artificially low interest rates, so we are not sure if it is real!

The 30yr mortgage is by far the best financial product out there.

With proper research, you get to know why properties outside that middling category might fall over or under the 50% Rule.Yes, I know, that's why you're here.

Before accepting a tenant you should screen them properly such as verifying employment, credit, clean background.

We attended the than Merrill workshop and yes a lot of good information but if were going to be honest they are a business and they make a lot of money on people buying their products so they won’t give away any others that’s could help newbies out.Is wholesaling a good way to get started?

The fact they are complaining online might be an indication the property manager dealt with them properly so be sure to ask the manager for their side of the story.I hope this basic guide helps.

If he is not licenced/insured, friend or not, you do not hire him.Precedents dictate proper professional management of your business.

I have all the proper paperwork and disclosures from another investor friend who's done a dozen subject-to's.