At the same time, have the washing machine plumbed correctly so you wont have to deal with this headache in the future.You should then go through that house with a fine tooth comb to see if there is any other issues you haven't noticed.

The purpose of the Management Co is to deal with any third parties such as vendors, contractors, attorneys, banks, etc., and to create privity between the entity that holds the actual assets of Investment Co and Management Co. 

This is a clients deal and the 2nd property he bought through me using 5% down mortgages.

It's an excellent addition to David Green's book "Long Distant REI".

Beyond that, I used to do this and was the General  Contractor side of the deal.

I want to be able to have the confidence when structuring deals. would i be correct if i said that COC % and preferred returns are the the main things that the investor needs to know about how they will get there money back?

Inventory is up, and there are deals out there. 

I offer to purchase the home for a discount equal to the expected cost of PITI plus repairs/maintenance for the life expectancy of the homeowner, plus a margin for profit.I have the option to refinance the home to pull money out of it after purchase to finance other real estate deals.

Has anybody used, or have any experience with Credit Union Mortgage Association for financing real estate deals? 

Additionally, if there are any resources or tips you'd recommend for a beginner like me to excel in the REI bookkeeping realm, I would be grateful for them.Thanks in advance for your guidance!