All that being said, I'm hesitant due to all the complexities, decisions, and emotions that go into these transactions.I'm in a relatively health market (Atlanta), so I'm confident our house will sell well, but I also don't underestimate the impact a great agent can have on getting the best possible price.Thoughts?

I know a lot of them.. they dont think about the 1% rule  they have been spoiled for the last 10 years on an appreciating Toronto market.. negative cash flow is fine with them.. their decision is based on location and can they allocated a portion of their high income to supplement their out of pocket expenses..Most of them are not so analytical on cash flow analysis like we are

I am pulling together a business plan as I am interested in partnering for the first one or two properties and want to present potential partners with enough clear and accurate data that they can make an informed decision.

Both pull credit scores.The part you need to decide, and it is a personal risk vs reward decision, is whether you want to take the risk/reward of a HELOC.

That compensation will cover the following services:- Managing the contractors and subs- Inspecting work- Authorizing draws- Providing updates and pictures- Making small dollar amount decisions and using discretion based on the scope of work and overall project    intent provided by meI'd love to hear some thoughts on how others have structured this and what roles and responsibilities were expected from their project manager.Thanks,Padric

This does not necessarily discount the individual but more information may be required before making a decision on the appraiser.  

No one has a crystal ball to predict what will happen and I wouldn’t let that impact your decision to invest.

I have narrowed my decision down to multi-family properties in which I would like to begin my journey (duplex, triplex, or quad-plex).

I know there are pros and cons to both, and I understand that I did not include any numbers in order to make an informed decision. 

Is it a wise decision to go for this one?