Fannie's interest is lower than non conventional because the federal government guarantees those loans (it's an implied guarantee), not because your LLC has less credit. 

Now there are 2 schools of thought do I go spend over thousands of dollars with these trainers or do I use that money and jump into a small deal and learn as much as possible from the above.  

Or is that implying that 2 tenants living there each paying a $100 extra (total $200 cash flow for me) ??

I don't think a Subscription Agreement document would apply because that implies that the Investor has an ownership stake.

But, in general with all contractors you get to pick two:SpeedCostQualityFor myself, one reason why I started paying more for better contractors is the headache you save, not to imply cost = professionalism, but in Cincinnati, to do a surface rehab for $30k you are dealing with unlicensed, uninsured, unprofessional people. 

David Greene has an excellent book on out of state investing5) Consider your goals - buying single family homes implies that you have got the time to be actively involved in a real estate business.

That's mostly cleared up now, but after talking to inspector he implied that if the home isn't homesteaded, we shouldn't be doing any of the work and should be contracting it out.

Originally posted by @Cassie Montalvo:Second mortgageWell, you said there were no other liens so that would imply there is no 2nd mortgage (lien).

I think the easement will be implied and after getting legal council to hen he can figure out exactly what he needs to offer his neighbor if anything.

I did not receive any sleep that night and I had strongly felt that the new management had failed in its number one priority: to provide a secure living space for its residents which is protected under the implied duty of habitability.