@Tae C. it sounds like it would've been a decent deal if it were structured with better partners.

If you will be living in the entire building, it would be considered 1 unit.Here is how your policy needs to be structured during the phases of your house hack;You only live in the property = Homeowner policyYou live in the property & rent out unit #2 = Homeowners policy with landlord endorsement covering the rental unitYou do not live in the property, both units are rented out = Landlord policyGood luck with it!

That really depends on the structure you have in place with your father-in-law. 

Strong agree with Kevin, I think in that structure you don't have equitable rights and then no right to market the home so it would be pretty sketchy.

You can certainly structure it that way.

Many people will recommend trying to piece together information from different places to try and save money.This is definitely a cheaper route and will be slower for most people, but also not the most structured way of learning or building a systems dependent business in my opinion.What I know is that we’ve had a lot of success with our own real estate investments and we’ve helped a lot of other people over the last 10+ years that we’ve been teaching classes.

Not as expensive as the Northend, desirable yet not as over supplied as Meridian.Hope this helpsCheers

I need help structuring a deal to prospective investors because like most just starting out, I need help funding it.

A properly structured BRRRR property is designed to give you instant equity once the rehab is done, its also designed to cash flow much better than buying a home that needs no repairs and is rent ready.

Maybe structure it like a normal seller finance deal, but then have a provision in your contract for the "what-if."