I hope you realize my statement about unreliable contractors wasn't directed to you nor was it directed to every contractor as a whole.

If you're making it a triplex or higher, the whole building gets sprinklered AND you have to fire rate between the units.Typically, we do 5/8" drywall on both sides to get the 1hr rating.

I was getting tired of my even 1.5% interest at the credit unionso I think this is a better option, to buy cheaper places and rentthem, it will give me a lot more than leaving it in the credit unionand is a whole lot less stressful than dealing with the stock marketwhich I was looking into for a long time but think it is too rigged for now.

What else should I be doing right now in order to achieve my timeline goal?

I might actually look into the idea of building on it more now that I know it's possible to get the whole thing funded by a lender.

If you don't mind, give me a call at the office and I'd be happy to help you get started here, help you achieve your goals and refer outlets for education and networking and other professionals.

The whole concept of a contract is not the legal terms and out foxing someone, but it serves to document the agreement, clearly and in precise terms so that anyone can understand who said and agreed to what.

If the utility bills for the whole complex falls under your expense column you can look at options around splitting the line to save some money.  

On the other hand you can get cheap properties and the 2% rule (purchase price to rent ratio) can be achieved.

My agents/brokers all know that I'll switch based on price at any time provided that coverage is still sufficient to make me or anyone injured whole should it be needed.