Also, you're acting as a laborer/helper instead of the boss.Let me tell you: Maintaining "Boss status" while fetching a box of nails isn't going to happen.

I guess on Photo 2 the contractor -- probably unlicensed -- decided to splice the 4x6 with 2x4 nailed with a 16D is enough to support the gap.

Wayne Brooks , hit the nail on the head. 

Haul lumber, pound nails, sweep and do all the junk that hired labor does.

Your title company should be able to process the deed of trust or mortgage.This is a 0% interest loan that you just nailed. 

I'm in Champaign as well and think @Scott Dixon hit the nail on the head with his comment pertaining to rental units on campus.

Originally posted by John Nail: I was thinking about dumping about $100 a month into my companies 401K (they will match it anyway) and after 2 years take a loan against it for a down payment, maybe, or is that a bad move to borrow against it?

@Engelo Rumora You nailed it.  

I think you nailed the main chorus for the rap song!

In our area student rentals mixed with what I would call adult rentals make the market rent a little hard to nail down if you don't know the area and these two different rental groups.