Mislabel one of the other parties emotions or desires “so it seems that you are really eager to leave your job” when you know they want to stay-this forces them to listen and tell you that’s not it, but this is.

For one the owner has to stay in the property for two years before selling or moving out.

@Jonathan Manacchio, I would stay away from Eastern Oregon.

(We will not contact without permission and we will only use to confirm intent on staying)20.How quickly do we need to close?

That could be a great way to find and stay engaged with local investors, realtors and opportunities. http://www.biggerpockets.com/alertsLooks like you've already made some connections with other BP members there in JAX...You can also search for other investors or brokers in your market and follow their journey on Bigger Pockets here: https://www.biggerpockets.com/search/usersBest of luck to you and look forward to following your success on BP!

You may find that you should each work independently and collaborate on some deals.Personally, I would work seperately, but stay in touch.

Since you're staying with the same job field and industry it shouldn't be a problem.

I'm just new and I am trying to stay within the limits of the law.  

Reserves stay as cash deposit and earn no income.

Especially with a large LOC, you will be tempted to go after a project with a large or even normal rehab amount...but stay disciplined.