I'm concerned I may be buying at a high point.

Although there is concern about China's economy, I don't know know if there is a free fall scenario because the average consumer in China uses a lot less credit that the average US/Canada consumer.

Our concern is that the sub was not licensed and that somehow our remodel will be blamed for what is a structural issue.

This leaves me with $22k for the expenses related to getting the property up to snuff and ready to sell ($65k - $43k).

It may not be a concern if your long term strategy is 20 years or less. 

I can find that out with a little more research, but my main concern is that I don't know enough about certain terms or details. 

@Matt Shields in the long run I’m not overly concerned as this corporate entities have huge overheads and as margins get smaller and smaller they will have a tough time sustaining themselves.Small operators who work from home or small “mom and pop” offices will do better as they will be able to live from previous profits as long as they don’t squander the proceeds.If we have even a minor correction in the market, the large corporations could be left sitting on a lot of negative value inventory that will need to be liquidated In order to cover overhead and can only benefit the smaller entities with cash to scoop them up.My 2 cents for what it’s worth.

Where the best location too find standard & detailed renters contract online Also advice on protective verbiage I should look for within contracts based on past experiences you’ve had. i.eVerbiage concerning damages , deposit , breaking lease , Landscape maintance meeting HOA.

You could also send him a letter of recommendation, and leave positive reviews on internet sites.

My end goal is to have passive income and financial independence when I finish my career (I love my job, don't want to leave early).But as I was saying; I already have a BS and now have a chance to get my masters.