Our goal is to use the transient nature of my husbands job to invest in real estate.

Our goal is to use the transient nature of my husbands job to invest in real estate.

@Vicki Stewart The following link is a really good e-book for Estimating Rehab Cost.Your fear of getting the rehab cost wrong is natural, unfortunately you only get better with experience and experience comes with making mistakes.Believe you me, I make them all the time.

Our goal is to use the transient nature of my husbands job to invest in real estate.

With a single family home dwelling, you can't divide the personal use.I'd guess that your attorney and accountant are compromising to the desires of the two partners more than what might be the most proper or correct approach, that any issues that might actually arise can be addressed due to the nature of the long term personal relationships between the partners, the probability of some matter not being resolved might be low and the risks acceptable.

Again, very few natural disasters in my area other than risk of fire.  

I want to be professional but also allow the relationship to develop naturally.

If in a remote location, nature will eventually take it back.

Use the attorney's escrow account.Title companies are not Note facilitators nor are there any "docs" of a RE nature, except the assignment of the mortgage/deed of trust.

I will naturally keep the property details confidential.I would love to see you get it!