And this is the more risky one. you are limited when dealing with insurance companies, they have their own processes. 

It will be easier, but you will pay 2x-4x more than you would if you were local and on-site watching.What's your plan for watching the rehab? 

This will potentially also impact any note buyers that plan to buy the notes.

Based on my calculations and preliminary research, I have found that the Bay Area offers good returns from developing land, although acquiring level land and obtaining permits can be challenging.I have a few questions:1) Is it recommended to purchase a complete house plan from online sources like ePlans or similar websites and then customize the architectural design before submitting it to the municipality?

The initial plan was to slowly rent out the spare rooms and renovate until a refinance/moving out and onto the next property made financial sense. 

1031 exchanges are a powerful tool for real estate investors. Here's a brief overview of how they work:1. Like-Kind Property: The property you acquire must be similar to the one you sell.2. Timing Rules: You have 45 d...

A process servicer is the one who got me interested in what ever is going on here.

In our previous example of $4k net monthly income the disbursement would be as follows: $4,000 Net income$1388 principal loan repayment to majority partner $1305 (50% of $2612) to majority partner$652 (25% of $1305) to each minority partnerAs your parents, they might not require or care about the same rate of return, or a return at all (except the equity position) especially if they're planning on utilizing the property for personal time.

Our goal is to purchase a new construction home as our first investment, with plans to acquire four more properties in the next three years (4/2 around 400k with 25% down dscr loan) .

However, the Honolulu Department of Planning and Permitting took forever, to do the reviews,  comments and approval.