Details can be found at: https://www.biggerpockets.com/forums/521/topics/1224992-brew...

Feel free to DM if you have any questions or would like some resources on the topic. 

The County is holding what will be their second public meeting on the topic this Monday, from 5:30PM until 7:30PM at AB Tech (and online). 

In the end, you have to decide the cost / benefit / risk / reward of doing one makes sense in your situation.COST - You have outlined some of the costs, but not all. 

Draft precise agreements outlining loan terms, manage risk by diversifying investments, and build relationships with real estate professionals.

Quote from @Marc Winter: Marc, that explains why I'm not getting any traction on my topic!

https://www.biggerpockets.com/forums/521/topics/1224454-real...

However, in emergencies or cases involving health and safety, we would attempt to contact the owner first and, if unsuccessful, proceed with the repair as outlined in the contract.Regarding the hot water heater, do you know if it genuinely needed to be replaced?

Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income. 

Here is how to find such a CPA:https://www.biggerpockets.com/forums/51/topics/1222774-expla...You probably (argh, can't help myself) noticed that I was pointedly talking about the initial year.