You must ensure that you have a solid team in place to assist you in navigating the city. 

The city has also placed additional responsibilities on the design professionals but there's basically no barrier of entry to be the building permit holder.

Looking forward to connecting with investors, partners and mentors in building solid foundation and relationship.

You might be surprised at the number of times I had to explain to a seller their responsibility to reimburse a title insurer for a loss. 

Most 30 year mortgages come with a prepay penalty that you would be responsible for if refinancing within the first 5 years.

I would read through each of the responses and pull out what makes sense in your situation.

Higher interest rates and shorter terms are part of the deal, but they can get you that quick cash you need for the purchase and rehab.Then, there's private money, which might come from individuals like your dad or other investors looking for a solid return.

Thank you for your response!

They are expensive (30% fee) but they cover 100% of all management responsibilities.

Seems to be a solid method of investing (assuming it is done correctly, that is).