@Shaun Hunt believe what you really want to do is start a "Master LLC" that can function as a PMC.You would then sign management agreements between Master/PMC & property LLC's and have all income & expenses run through Master/PMC LLC, and only have to "settle up" annually with the property LLC(s).Check with a qualified tax professional.

That will prevent them from qualifying for other rentals, a personal loan, or a home loan.I have sent nearly 60 tenants to collections.

Keep in mind things take time to really launch and takeoff , but with the resources and experience that Direct2Deals has, it makes the process a whole lot easier and something less that I have to handle inside of my business & can now focus on optimizing and being more efficient in the way I conduct business and close our deals.On another note, if you are looking for qualified homeowners that are seeking to get an offer on their house or sell soon, and your goal is to have the most amount of opportunities to close for yourself and your team, we recommend doing a nationwide, multiple state targeted campaign with Direct2Deals.They have a dedicated team to handle all questions you may have on a weekday basis through their email support system that they go through Monday through Friday to help you with your success at Direct2Deals.

Same with them doing repairs-are they qualified to do them.

You need comps to get a value not improvements.Second I would advise against a 15 year it will make it harder to qualify for future loans.

You might need to fund that, either with a higher purchase price, or something creative.Otherwise, there are no other options that would allow you to qualify to buy this as a primary residence.

Lastly, section 8 has requirements for a property to not only qualify for their program but must also be maintained at all times in order to maintain status.

And no one will buy unless they are forced to AND qualify.

Some lenders will use 75 percent of the potential rental income to qualify if it is empty in a DSCR loan.

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.