Mortgage fraud, intentional or not is not something you want to be involved in

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.

I'm still wet behind the ears and looking for my first deal.I started up a window cleaning, pressure washing, and gutter cleaning business August 2016 but that was under my Father-in-law on his books, and I started up officially under my own business license in February 2017. 

She has to show she can afford the rent and have a clean background.

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.