They could learn that FHA will finance up to 4 units, get all their income documentation in place, get their credit score improved to the proper level, get the seller to do the required repairs, get funds properly gifted for their down payment, contest a bad appraisal and get it revised, and think their good to go......then they find out that while FHA finances up to 4 units, they have to be owner occupied, and the buyer can't do that so the deal is dead and all the work was for nothing.

My partner will buy the material:-Tile work-Install kitchen - install vanities in the bathrooms - install graniteMy usual guy is very busy and can't take more work, my back up guy did not do the best job I am looking for someone inexpensive (my partner will supervise him) that has a decent experience with jobs above. 

@Raj Kumarcan you install a meter for each unit?  

The specific summary I am looking at lists a few items including the following: Install Smoke Detectors Install Missing Blow Down Pipe Install Cap on Open Sewer Line Then there is the following: Total Escrow Amount 0110% of Total Escrow Amount 0Thank you in advance!

As far as property management fees my wife is a local property manager so I did not include that, also as far as capex I don't see any major expenses as the roof is under the hoa, my business partner is a licensed hvac tech and regional rep for a local hvac/plumbing company and we can get all units and parts at well well below cost and install ourselves like we do on our flip properties.

Hi Wayne, my best advice for probates is to work with a probate attorney to make sure all of the proper contracts and legalities are being used.

Or if they win the monthly prize a $20 max ( including tax) prize is a good incentive, including the "thank you for being a great resident / tenant" is also proper to include.Christmas is be about caring / sharing and giving back to the people that basically give you your income.

My friend asked me to reach out because the contractors he has now are doing a terrible job and don't have the proper permits to finish the job.

Put a plug in the end so you dont push it full of dirt while installing it.OR drill thru with hammer drill. 

I was a newbie, I did not know how to screen or evict tenants properly, and my tax returns showed loss after depreciation.