If its vital to the deal then we may have to aim a bit lower for our first property.I agree that a yield play is my best bet, but I would plan to strategically update the property in order to force appreciation and increase value.

It can end up covering a large portion of the total water bill. 

If that can be confirmed, you can work out a deal with your father for a portion of his share.

I'm curious to see if anyone has partnered with a contractor to complete a BRRRR and then pay them out of the refinance portion?

However, it's highly likely that the landlord would get paid under the liability portion of the renters insurance.

Only a certain portion of those tiles will be able to produce power because of orientation and/or shading.

In addition to the lessons you have already learned, a couple of mine:1) Natural curiosity - especially about "boring" things - can help you learn the vital information to move you forward2) If you don't know, ask someone, and/or do your own research.

Many many times I thought I found a diamond in the rough only to actually go there and see it’s a gutted dump and the only good portions of the place were edited pictures the shyster realtor took .

Ok, now I am renting this for $1175 per month and pay my father inlaw a portion say $600 No interest! 

I shouldn't somehow default to owning half of an asset he bought even if we are 50/50 partners on the value-add 'business' portion.