On a newly rehabbed property I would expect 15% to be more than enough depending on the age of the home and extent of the rehab(include roof, HVAC, water heater, kitchen/bath etc.) 

Rush assignments will command a higher fee and more experienced appraisers will often reflect higher fees than newly licensed appraisers.No to the specifics, residential multi family properties (2 to 4 units) have a higher appraisal fee than single family homes. 

He launched several successful companies that made him millions and then poured that money into Real estate.

3.How familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

They are selling fast to newly married couples and young urban professionals as starter homes.

It took 3 "almosts" renters to get someone responsible in the house so if you have to cover yourself it's good to have cash to hold out and NOT get your newly renovated house damaged.

If so could I open an equity line of credit with the newly purchased investment property.

Yesterday, we launched BiggerPockets Bulletin!

Hey Bob, my father-in-law just launched an online loan portal that essentially can get you 3 lender proposals for a refi within 24 hours.

You can go to meetup.com (or similar type of site for your local area) to and launch a meeting on the Internet.