That's what you're advising for and there have been many a court case to prove you wrong.

Banks have lots of odd rules with proving where money is coming from,etc.

@Johnny Manziel, if it's genuinely a "B+" area, and $67.5k/door is a provable bargain, then you may well land on your feet with this one, though I suspect that being the landlord/manager for the other three units will prove to be a lot more work/expense than you anticipate.Paying a PM would generally cost around 10% gross rent, not 20-25%.

Not exactly like my idea but it is close and I think somewhat solid one.http://www.lifestylesunlimited.com/how_15_rent_houses_can_retire_you_faster_than_a_million_dollar_401k_original/Anyways hope I helped a little.Happy studying and investing 

I'll be spending my time studying everything I need till then.

But every week there is something that happens that reinforces my focus on my studies, searching redfin, reading books and walking properties in an effort to close my first deal. 

It's hard to prove.

I am currently studying Mechanical Engineering at CU looking to graduate in May of 2019.  

Having those invoices proves the renovations were done that justify the new appraised value. #2 Without getting too into the woods, it can help with your tax planning and mortgage qualification down the road.

Do they have liens on your property,, how are you going to show you PAID them if the money never goes thru your hands.. what can you expense for your self for taxes,, how do you show income on this property when your not getting money, how can you prove or show bankers on your next project what your portfolio consists of.. if you do it this way..