WI landlord law is also available online for free.

My advice to clients wanting to do a rehab and flip or even a rehab and rent is that they need to have at least 6 months of carrying costs available in addition to any rehab costs and contingency funds.

As long as the numbers work, it will be to your benefit to secure as many units as possible with that cheap 30 year traditional financing while it's available to you.

@Farrukh Madaminov Rent default insurance is widely available abroad in the UK and Australia and is just now catching on here in the US.Eviction process varies by state. 

One of the first areas I would recommend exploring is how much cash do you have available that you are willing to part with for this venture?

If each co-owner has an undivided half interest then have the co-owner who wants to sell, write out a detailed affidavit with any available documentation -listing all of the expenses that each co-owner has paid for mortgage, taxes, insurance, maintenance etc, during the last three years (or whatever your local statute of limitations is to file for unpaid debt). 

If the house for some reason was available to purchase for $800k investors would be all over it even as a rental. 

My contractor said he would ask the company he deals with but I recently found out his resource is not available.

He should know that's only available for husband and wife...If the LLC is multi-member between you and your mother, it needs to be filing a 1065 and issuing K-1s, unless there's something you aren't telling us....not sure how you guys do things in Indiana...Maybe time to start shopping for a new CPA.

I haven't come across any Premium members and don't see it within the upgrade options so perhaps it's only available to specific contributors.