Almost no one likes to sleep on a day bed - they just aren't very comfortable - so all you end up gaining is extra, unused floor space.

. - Contractors- Capital providers: JV partners, private money lenders (PMLs), hard money lenders (HMLs)sFor additional context, are you going to be flipping and actually selling or are you going to be fixing and holding for rental income? 

I am wondering what a fair equity split is for providing capital and ongoing 50-50 financial support.

After all that extra time with your parents coming back around the holidays and giving yourself strong footing to have a comfortable life is worth considering. 

Here in Chicago the most I’d be comfortable with holding is a trash out fee if they left trash in the yard.

I will look further into your link provided.

In the near future, I will have a very decent amount of capital available to invest, allowing me to make strategic decisions to establish and grow my business effectively.Thank you in advance for any assistance you can provide, and I look forward to engaging with this community as I take my first steps into the Air BNB Arbitrage business in the Anchorage/Wasilla, Alaska area.

Real estate can be an excellent investment, but ensuring you can comfortably manage the payments is vital, even if you encounter negative cash flow periods.

If not, then providing proof that the payments are being made by someone else, will certainly help your DTI ratio 

It is NOT intended to provide an estimate of what each of the things listed would cost.