2) Was there a transition meeting where control was transferred and if so, are there minutes?

One thing about a live in flip is a big part of the flipping game is timing.  

He's struggling with paying the rent ($750 a month) because of the type of employment he's limited to.I'm finding that it's often a challenge for those who have been in prison to find decent employment.Without decent employment they can't make decent wages.Without decent wages they often won't meet income requirements.This can be the reason to decline an applicant with a criminal background (as you might with any applicant who does not meet your income requirements).Gail

Heres what i did, and i could have took the long way and i havent had any deals yet but ill break down my trial and error and the method i feel will work best for me.first, i searched zillow for homes that are selling for low cost, found the owners and mailed yellow letters of course-the problem with this is, a lot of these homes still have loans on them and probably bank owned already, the owner still lives there, theres already a realtor on the job, just way too many obstacles, i dont expect to get any calls from those letters but you have to start somewhere.next, i started searching on auction sites for homes that did not go up for auction yet or the auction expired-again, the problem with this is the homes are 9/10 bank owned. while some of them are foreclosures theres still extra loops to jump through.I considered buying lists of vacant homes and stuff but i am the most frugal person you will ever meet lol, its not that i cant afford to buy a list, its just that i know theres a different way and plus whoever made those list had to have someone else generating that list for them.

Hello Kadijah, I came in the game with close family member on rehabbing houses and renting them out.

It was called ABQ REI and they meet every 3rd Wednesday of the month.

We will be meeting for lunch next week and I just want to make sure I have all the information needed before sitting down with him.This is actually two 4 unit complexes on the same lot so would this be considered a commercial deal? 

It may be worth checking with BP collogues in SA, or attend local REI meetings, and get e referral from local folks.

Perhaps we could meet for coffee when I'm in town.

You can use the money you have in your 401(k) to meet this requirement without having to withdraw it.4.