This way most things are covered, who is responsible for insurance, marketable title wording, septic inspections, type of financing, items included/excluded, utilities on/off, who owns a propane tank if there is one, gas and mineral rights, certificates of compliance/occupancy blah blahI of course would then ensure my clients interests are preserved with the right checks and a good number of days for contingencies that work in their best interest.

The house just so happens to share a property line with my first rental so it'd be perfect.

Purchase 280KRepairs 96kAve buying and selling cost, 10% of $430k = 43k= $419k, if everything goes perfect. 

Hi Sonya,  There is no perfect advice. 

Basically to make someone believe you are not trying to use the FHA loan "as a vehicle for obtaining investment properties" you have to have a "jump" i.e. the underwriters ask themselves "Why would someone want to buy a not-so-amazing quadplex in a not-so-amazing area when they already own a perfectly good, updated 2 bedroom condo in a great area close to work?"

@Stephanie D what property manager do you use in Baltimore I have a couple and haven't totally been satisfied with finding the perfect one yet.Thanks,David Hathaway  

You’ll be tied to the lease they sign and what is their motivation to find you the perfect tenant?

It makes perfect sense.

Thank youAccount Closed,That makes perfect sense. 

On top of that, these outside investors then never show up to the property or manager the construction, and expect everything to turn out perfect.