My brother in law is supervising the renovation, including performing most of the work himself(would be closer to $12k without him), he will be responsible for property management, and performing any future maintenance work that arises without charging for his time, only supplies. 

By then I will have $10,000 stashed in an emergency fund, and $12,500 to go towards a down payment with the rest going towards furniture and household supplies, and also to cushion the emergency fund. 

I would tell them, that all or most of their (1/2 normal) rent will be used by you to purchase materials needed to make necessary improvements to the property and that the tenant must supply the labor.  

I’m 90% sure they supply the big boxes. 

The bees that pollinate the world's food supply are delicate creatures.

Hi fellow BP'ers, Can anyone supply a sample JV agreement?

All new PVC drains and PEX supply lines, hot water heater.

It's going to depend on your markets housing supply, is the town population growing or shrinking, is the work there seasonal...?

You have tax returns and successful projects that you can show potential investors if they ask.Let's also assume that you have exhausted your supply of "friends, family, and fools," as well as your own personal cash.Have you always just gone to banks?

The Communipaw area is starting new development though.Also, since Jersey City has been building up a lot of property, the rental markets in the areas I mentioned above have seen a large increase in the supply of units and they are still building more in those areas.