I have the cash for the down payment, and since it is multifamily I feel like it will be worth it since I don't think a bank will lend me at the moment. 

I love meeting new people and hearing different ideas so feel free to contact me at any time. 

This was disclosed to me at the beginning, but they are billing me extremely high for some very basic stuff.

Is the ole yellow letter with red ink thing really the best way to go about it or could I try blue ink?

If I go longer than 5 months, I feel I will be in the red and underwater on this deal.Should I get 2 places for $55K each?

You didn't mention what budget you are working with but you may wish to look into Casselberry in the Red Bug Lake Rd area.

Sure, rates may be higher than what you'd get from a traditional bank, but you'd close quickly, avoid the red tape of a bank, and they won't care about your daughter's trust.  

No sticker shock to me at least. 

I would make sure you get a contract with a signature that specifies exactly what colour they want (ie Firetruck red from XYZ company) not just red, otherwise when it's on the wall and it doesn't look like what they thought it was going to look like it might be an issue.

I would love any input and feedback anyone can offer to a newbie like me. At