We are doing a conventional rehab loan and it would be helpful to have a contractors present during the inspection so I can dial in upfront what my rehab costs will be. 

We are beginning to develop our portfolio so we are open to advice on how everything should look on paper, types of loans, putting current home as biz asset?

Now, we are definitely going to get a real estate attorney's help, but I wanted to prepare ahead and think of all possible scenarios to be included in the agreement so we can have a productive and comprehensive discussion. 

There is *wear and tear* to replace EOL (end of life) components. 

Lots of time spent showing properties for rent, processing applications- running credit checks and verifying employment, We are not on call 24/7, but if ther is an emergency, the tenants have a number to call which is our local plumbing and water remediation Company. 

Yes there was some pain, but a lot less if I had been on 30 year loans.The other thing to consider is that we are buy and hold investors.

We are using a HELOC for the purchase and I am skulking around for decent 0% interest credit cards that still have rewards. 

Also, we are not married, so can my girlfriend legally buy it?

We are specifically looking for B- through B+ areas to invest in small multifamily (2-4) homes.

We are doing a new rehab project in Bucks County PA.