Because that is your intention, any lending must conform with residential guidelines, and most hard money lenders aren't licensed for residential and won't take a chance on funding a deal that is clearly residential in nature.

If you want additional doors and windows you'll eed a good welder/fabricator too. http://www.bizjournals.com/washington/breaking_gro...http://thistinyhouse.com/2009/shipping-container-villages/

;) Anyway, was looking at going to college at Texas A&M so naturally I looked into real estate in the area.

The two of you can join as natural persons or create a company and hold title.

Tenant shall be responsible fordisposing of items of such size, nature, and/or volume as are not normally acceptable by the trash/garbage hauler.

Since the nature of what we do as rehabbers is to keep the costs of our projects as low as possible, we really don't leave a lot of 'meat on the bone' (profit) for them.

You can't really say the guy who is good in physics vs. analog design vs digital design vs programming vs material fabrication vs mechanical production is doing something easier or harder.

I've chosen Florida because it's a natural hub with an agreeable climate.

I have been focused on duplexes, as every triplex I have seen cannot support the utility costs during the winter that the owner pays (one natural gas boiler with water baseboards throughout the property is very popular in my area).

I would request the tenant's entire file which would include application, credit/background info, copies of identification and security deposit information.I believe security deposit will be transferred/credited to you upon closing, but you can get clarification from your closing agent/attorney.Once you close on the property, send the tenants a letter introducing yourself/your company as the new owner/manager with contact information, how/who to contact for maintenance request, how to pay rent and what will take place within the next few weeks regarding setting appointments for walk thru inspection to assess for repairs/upgrades and meet the tenants, signing new leases, requesting updated documentation (proof of income/identification ) and things of that nature