The latter option would save you the out of pocket expense while effectively financing the cost over the period of the loan.  

IMO, it takes a certain personality type to be effective as a property manager on a larger scale.

I would call legal counsel for the Commission and explain those points you outlined, except the no partner part just saying my dad and I, I consult with him.

You will make a TON more in the long run this way, but if you're looking to cash out and move your money into another deal this might not be what you're wanting.However, if you use that down payment to turn around and pick up more properties with owner financing you can start a domino effect that could really build up your portfolio!

Use arm's length lease-option documents along with the counsel of qualified professionals.

My PM received many inquiries this April and into May.We do have a Medical college in Erie but there is no real special circumstances other than winter and school year that effects peoples desire to move or not.

a. pencil strip all the way until it butts up against the bullnose along the edge. (1st picture) b. no pencil strip with mosaic butting up against the bullnose (2nd picture) c. pencil strip creating a box effect (3rd picture) e.

That almost-HDR effect is really popular here right now.

Many contracts and leases now have a clause that reads to the effect that electronic copies shall be treated as originals, etc.

There's a few problems with this - first is that the lender will want to know where the mysterious $10K came from and assuming you tell the truth, they will make your friend sign a letter to the effect of "Tia never has to repay this money it is 100% a gift".If he's comfortable doing that, then he obviously trusts you because as soon as he signs that document you have no legal obligation to ever repay.As for the terms - why would you want to buy a duplex and only essentially "own" one unit?