Have all the applicants or potential applicants check out the property between a hour or two timeframe.

Hello everyone,This is my second post to this community. Finally closed on the 4-plex and been property managing for the past 2 months. The community, podcasts and most importantly the book Rental Property Investing b...

@Seth Vendelboe you will have to go to a commercial lender likely - because it is over 4 units - or check with the local banks and credit unions who hold their own mortgages   I might know of a guy in MI who can help if you don't find someone 

Check the rules and the accounting carefully once you have it under contract. 

Check out TenantTurner.

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something to check on.

You could check out Cleveland, Ohio

You are asking good questions.The lender is not going to just send you a check for the construction costs. 

Now I suppose bad reviews is always a risk of working with people, you try to do a good job and hope people are satisfied, as for the 2nd thought yes this is something I absolutely need to do more legal research on and check with my brokerage, my thoughts were this would hopefully be covered by a standard buyers agreement, again if you take a 2.5% commission and the person hates thier house they can’t sue you, I would hope this would be the same.