Keep in mind that a fee attorney has to see transactions through 2 very distinct lenses: 1) you sell (title) insurance and need to evaluate risk that can /should be insured against or avoided but at the same time 2) investing is all about taking risks based on the potential return.  

Lastly, now that I’ve fully lost your attention, I’d like to mention that this article does discuss the distinctions of a Series LLC.

Hi there @Brad MorganSo there are two distinct ways to view this: 1) People buy the houses to live in2) Investors buying the houses to rent outThe 200k number you gave i think is a reflective of average going market rate but as an investor, you're always looking for a good deal hence the expectation is that buying price should be significantly lower than average going market rate.

From my point of view, D versus DDD is not very much of a distinction, because it's too narrow.

In fact, there is no legal distinction.

There are several lenders out there that have a certain flavor for risk and choose to implement or guidelines to protect themselves.

@Ray Lai shhhhhh I'm trying to decide what flavor of latte to get at Starbucks right now

I do plan on marketing one commercial property in the next 18-24 months for a distinct purpose.

I guess we'll just have to see what SBY, ARPI and AMH do after a few more quarters of earnings go by without them getting into the black.As for your comparison to subprime, I have to make one distinction.

The other 20% are coupon shopping for the cheapest flavor of the week and are not loyal.