Just like everyone else I am still trying to find contractors/subcontractors that provide quality work and who don't overcharge.

"Chimney kits" instead of brick chimneys are a sign of builders taking short cuts. 

(I would be doing all day to day work and managing the properties, my professor's role will solely be the investor.

I will definitely see a local lender over the weekend I just wanted to see if I could get some insight on here first.I guess my two biggest points/concerns would be:1) How long do I need to have my current investment properties rented out and producing income for a lender to view that as an income rather than looking at those properties as losses.2) Would an underwriter be ok with me purchasing a multi family as my primary residence if it is 60/90 mins from where I work and if I am renting the other units out or would they actually view that as just me trying to add to my investment portfolio considering I already have two properties that I am renting out.Thanks so much for all the input.David

@Joshua Davis, I think the first rule of writing is that you do the first proof of your work and then you have someone knowledgeable in your area to proof it.  

Great work and good job on the rehab.

You may be able to get a better deal if she has a strong motivation - and in the meantime make your numbers work and help her out of a pickle.

If you connect with me I can give you a short cut tip to that.Let me know!

I'm talking, it was all of $1800 worth of work and they bought house for $30k under market value!

They don't live in the US, rehabbing a property to force appreciation would take time and actual work, and why work if you can slap $1M down and immediately make a pretty penny?