For that type of information, this process would be valuable since data sets can be so large and you want to cut down into assets that matter rather quickly.

I totally agree with @Thomas Guertin If you let him feel like he can push you around this time, he will just keep doing it. better to cut your losses and start over with your new and improved lease than to have a miserable situation in your home.Good luck and keep us posted.

With multi's you can add value by managing the property and tenants better, cut expenses, increase income and find sellers not so emotionally attached to name a few advantages.   

HVAC would have gas and electric in place,furnace in place and ducts ready for inspection.Rough electrical, plumbing and HVAC - three separate inspections, though the same person may do more than one.Framing - Comes after the roughs because you may have to cut holes or move framing members to get the other stuff done.InsulationDrywall screw - not sure if this happens everywhere but its common here.Finals - done after everything is finished.IDK about San Antonio, but around here you would need a general contractors license to pull permits for a fix and flip.  

Why couldn't John just buy the house for $200,000 in the first place and cut Mary out altogether?

This has cut the gametime in half.There is a value to doing the paper statements until you are familiar with them, but then, go for the electronic version.Enjoy!

Often these are rented by the room with individual leases for each occupant which cuts down on the risk.

If there were a total loss on Day 1 of the property, I would essentially be cut out a check for 171,000 (minus my deductible), even if I did not plan to rebuild, because there would be no depreciation.

It's like selling computers when you have no idea how to cut it on or plug it in.I think that one thing a lot of new investors don't understand is that wholesaling and rehabbing are a great way to build capital but.......what is the end game?  

Their's was a lot better shape, but the previous owners were really hands off and let their property manager cut a lot of corners so I did have some work ahead of me.My wife convinced me to list and show the unit myself instead of turning it over to my realtor as we usually do.