All of the details, including drawings and pro forma, will be provided following initial qualification.Requirements- Commitment of at least $50,000 in equity upfront- Experience as a GC on multi-family projects (including references)- Strong track record of quality, efficiency and safety- Located in Southern CaliforniaPlease PM me to discuss further.Best,Gene

That's a rounding error in a pro forma.

An exterior appraisal will normally be done on a 2055 form as opposed to a 1004 form for a full blown report with interior inspection.

I'll send you pro forma statements on the vacation homes that fit your situation, and from them you can decide if it's worth the hassle.

All of the pro-formas stand a shot of being (mostly) accurate if you take a long enough snapshot of time. 

Alexis Guerra in Texas you should use the standard TREC form as it is the one most title companies use.

I will soon to be real estate investor, as I'm going to be buying my first property, (a tri-to-fourplex) to buy and hold, and "house-hack" in the greater Seattle/Tacoma area.I have just been pre-approved for financing, and I have a few prospective properties I'm looking at with my agent, but I haven't talked to a real estate attorney yet, and I'm curious if I need to discuss my plan with a lawyer to 1) become educated on the local and general land lording laws, 2) form a rental/lease-agreement for my future tenants, 3) Advise me on a corporate entity to form to hold this property under, and 4) help me steer clear of anything illegal I may have a tendency to do before I actually do it.

Oh, and there would be no assembly line...which is an example of partnerships on steroids.There are three reasons why you form a partnership.  

I'm simply trying to learn from those wiser than myself to help form a plan.

I'm not sure if you're looking at this deal on the market or from another source but I would be more than happy to run a pro-forma for you to give a breakdown on the numbers, I just need some more information.