As a first timer, I would be cautious of houses or units with a large number of renters within one shared unit. 

Probably split the bill and give him a stern warning not to do it again or the next one's on him.

This way, you can ensure that all parties are on the same page.Alternative Arrangement: Another viable option is the one you mentioned—where the builder constructs the home at a discounted rate, and you, as the investor, handle the sale and retain all profits.

Hi @Glenn McKinney, I'm one of the owners of JWB and would be happy to answer any questions you have.

They would be the ones that have pocket listings.

On the rare occasion you do, it is one breaker has gone off and they can wait for one of you to reset it.

Purchase price: $1,150,000 Cash invested: $300,000 Sale price: $1,628,000 Built in 1890, this Old Victorian was converted into a duplex in the 70's by a talented architect who made some unique and extraordinary custom design choices (read vaulted skylights) that made this property truly one of a kind.

They do this by adding you on to one of their 'perfect' credit cards that have a high limit, usage, and also paid off every month.  

The problem is that filtering through bad ones is just as much of a time waster.

Doing a 203k on a multi can be challenging, depending on tenants so your best bet is to get one vacant, but then you are at a full loss while construction is going on.