If you have a good attorney you trust to review the paperwork and answer any questions you have, you could always finish this deal alone and then consider partnering on your 2nd deal just to compare the process with and without someone else.

If so, what type of paperwork do you use?

And yes, once HUD accept your offer, you have to either submit your paperwork (earnest money, etc) or they will put the property back in market.

You will have to do more work screening applicants, dealing with the local government on inspections/paperwork and by most accounts you could have a more challenging tenant base when dealing in section 8 versus other tenants.

If the numbers allow it, then great.Any FHA loan, 203b and 203k alike, do get fairly demanding when it comes to documentation and general paperwork, however what government loan doesn't?

Have seen their llc tax paperwork for 2 yrs. 50 percent rule is spot on.

Watch out for you paperwork here as it is easy to violate the Dodd frank or Safe act if not careful. 

We have worked hard adding value through sweat and paperwork equity. 4 of our houses have been bought as short sales and once was a foreclosure.

I'm looking to set up paperwork for Lease/Purchases and could sue some legal guidance from someone in Indiana. 

Submit all the necessary paperwork to Ifunding for approval Then they put on the site and you wait to see if it will fund?