Or what people have experienced in the past when getting a construction to permanent loan on a multi rental project. 

Curious if anyone has any experiencing managing a HELOC with a business partner, and if you have any advise, warnings, etc?

@Christy Philippoff cash for keys is playing with fire unless you are very experienced.

Firstly, several of the GPs in the deal were/are highly experienced investors with very busy day to day activities and many deals in parallel to this one.

DFW is experiencing appreciation and growth yet remains reasonably priced when it comes to buying a home.

Others include a Lead-Based Paint Disclosure and EPA-approved Information Pamphlet, and a Mold Disclosure.Unless you truly want to become a property manager, I would URGE you to reconsider cobbling together a leasing process from random spare parts, and instead find yourself an experienced property manager and let them do their job.Property management is a legitimate full-time occupation; so is being a real estate investor.

To keep this question pretty general I am going to leave it at that because I am curious to know what experienced investors would do just starting out.

You should work with an experienced attorney that knows this world inside and out.  

Yeah, if you are not experienced in repair estimates, using as-is comps is a great way to go. 

Would like to see from experienced rehabbers whether you buy materials yourself versus having the contractor supply them...If your buying,  is it worth the extra effort to control the cost and get exactly what you are envisioning..