and the GC agreed not to charge me for the additional painting as it was a mistake and outside the agreed upon SOW.Working with this particular GC remotely was very difficult.

Good DTI; significant student loans, but payments on the loans are only around $200 on income-based repayment.Have around $35k cash available and can take a loan from my defined-benefit pension for an additional $4,300. 

Also I think, similar to permits, a 'reasonable' fee would not be inappropriate.In my opinion, a municipality can and should do periodic inspections (external only?

In addition, the contracts that they signed are one pagers and don't give any protections to the landlord. 

I am looking to get out of the rat race, and possibly begin a new career path by making an additional side income, while partially investing my current savings into real estate.

I also see that there is an empty outside access room in the rear that I was told can have washers and dryers installed for additional income.

In addition of course to the obvious tenant problems that will become more commonplace.

Altogether it is a 4/2.5 single family, but part of it is an addition with a kitchen and only 1 adjoining door making it out as more of a 2/1 and 2/1.5.

If you secure additional financing it gets more complicated and you will have to pay taxes on the additional finance part. 

We have (mostly diy) renovated eleven of our properties and we currently have 4 additional renovations in progress.