You agree to only invoke your inspection contingency if there is a repair over $5 - $10k or the total is over $10k, or whatever number you feel confident with.

After seeing a few podcast episodes where folks talked about feeling like they had their lives back, it really hit home and I want to explore if this can be a way to do that.

My thinking is account for all expenses and hope that it being a new build will save me some time before having to perform cap ex style repairs (I do have about 50K cash on hand after the closing of this property so i feel comfortable with handling curve balls for a few years) New Build structure and neighborhood/school gives me hope that in 30 years i can still command a decent rent on a property 30 years old instead of trying to take something from 1970 all the way to 2055 and still get decent rent out of it .

Some say to never tell them and let a real estate agent show the house and what not, but I feel that I would have a hard time not being completely transparent with my roommate.

It’s not all about the Benjamins…………..A wise mentor once told me:The Benjamins are simply a concrete manifestation of the appreciation your clients and investors feel towards you.

I feel like maybe I'm asking for too much with this investment.

Feel free to hit me up and I can help with your financing.

I have seen that usually, in a dual agency situation, one party feels like they lost out somehow and it opens up the way too many opportunities for me as the agent to get sued.

Ask them how many units they manage, what they feel market rent for your property is, do the handle repairs in house or use contractors, what mark-up do they charge on repairs, etc. 

I saw a similar post about 7 months ago by "Mike Romano" with a similar question, however I didn't feel like he explained the reason why he was planning to use a HML instead of a standard conventional loan in the first place.