Not only will you save money but you will gain an understanding of the work that goes into a flip so that as you develop your team and systems later, you'll know which jobs you'll want to keep doing (if any) and which parts you want to hire out.As an example, I typically do the initial clean out and removal of old light fixtures and appliances so I can get a good feel for what all the house needs. 

Please ask questions regularly.

Once we get our finances under control (had to put a whole new heating system last fall, frozen pipes, and lead removal has set us back about $35K in the last year so always plan for the unexpected!!)

How many existing layers to be removed?

I think the loan was underwritten with the both of you as cosigners so there is no incentive for the bank to remove a cosigner and increase the risk of the loan defaulting.

In particular is this 2 different agreements or can this be on my regular P&S Agreement?  

If the cap gets raised to $5M they really should consider removing this part of the rule.  

Hi I am looking in purchasing 4-plex in DFW, however present owner has few Section-8 tenants.  I know properties could rent for  more than what Section 8 is paying.  I have never worked with section 8 tenants, so how ...

Do the math - the park rental fees are often getting to the point where the monthly cost is  not a lot different than a regular mortgage on a stick built house of similar quality, BUT YOU BUILD NO EQUITY!

Income from the property I'd just deposit into a regular account, and keep out of the segregated account.