Most families can function between 1800-2000 sq/ft. 

They don’t know how to use the look up function and prefer to ask their question to the forum.  

I'd also set it up so that each side can buy out the other, heirs can buy out the other if one of you is no longer able to function, I would definitely identify the workload split (mine has a  Capital Investor who provides all Capital & a Managing Investor who has all of the day to day responsibility for the property.)Make sure each of you provide monthly reports to the other of what has gone on with your side of the Joint Venture.Have a clause for how long the property is to be held, what it is to be used for and how it will eventually be disposed of. 

I think Zillow recognized this, that's why they were mostly buying complete/functional houses and just throwing carpet+paint in them.

Yes, so called "appreciation" in most homes is almost entirely a function of inflation... with a few small caveats.Houses are depreciating assets.

Also called my lender who said it’s ok as long as it’s “functional and typical for the area” and a licensed electrician signs off that it’s safe.  

As long as the septic system is functional, and that you don't have your lines in someone else's yard, I don't see that you have much of a problem.

If you have ever heard of the Dunning-Kruger effect, the idea that some mentally-incompetent people are so mentally incompetent that they develop a cognitive bias that no one could possibly be much, much better than them at something, well, the research that led to the discovery of this psychological phenomenon started right there in Swissvale.In 1995, a guy in Swissvale named McArthur Wheeler mused to himself that if lemon juice could be used as invisible ink, well maybe it could make a person invisible to cameras!

Cash flow is a function of down payment. 

Please add a check box function in the BRRRR Calc. that includes rehab in the acquisition loan!!!!