I want to help him with the down with an established no interest (except for the cost of extracting equity from a property) repayment schedule.Just looking into this, haven't spoke to an attorney or accountant yet.

On the main page is a link to "Forms for eFiling" which has copies of the Original Notice FED (and/or MJ) that you'll submit, along with a Verification of Account (for each tenant). https://www.iowacourts.state.ia.us/Efile//Once they accept the filing, you'll receive the court date/time back from them.

There are lots of ways to learn more and get involved in the local real estate investor community in NOVA.

You may wish to consider tying up the 4 properties and planning 2 projects involving 2 lots each.

Upon reviewing your bank account, you would have very limited liquidity left post-purchase.You have another multi as well. 

@Emily ReynoldsMy current JV deals involve this profit split:  1.  50/50 on all costs. 

Also make sure you take into account your insurance costs, if they are monthly or you pay per 3 or 6 month period. 

The difference between both risks is one involves investing money to do something that is not legal while the other just takes advantage of existing conditions.

Hey @David White I use Findcomsnow.com, sign up for your free account, log in, and under whats your property worth you are going to put in the zip code of the subject house.

How to Attain a US Bank Account?