It's interesting to me that many voucher holders won't go for a sum 30k house...makes sense.

Is it just asking a license holder?  

They tend to have better bones and better quality construction...but I hate the bathrooms that comes in teal, pink, yellow, green, blue...I have nine bathrooms in various properties covering the entire rainbow color spectrum.I am seeking advice on two things.First, most of these bathroom have the integrated ceramic soap dishes, tooth brush holders. 

Personally, I will ride the wave as a holder and if the trend fades back to ownership preference, I am already stocked with inventory ;)

@Han Oh,Just want to make certain you realize something:If, as a junior lien holder, you foreclose and are able to force a sale and receive title to the property, you now become responsible for payments on the senior lien(s).That is, if you are in second position and successfully complete the foreclosure, any 3rd, 4th, etc. liens "fall off", but not the first lien or any tax liens.Not trying to discourage you, just want to make sure you are aware.

It is Texas law that any time a real estate license holder has a substantive discussion about a property they must inform you if they represent the seller.

I am still in the "I don't know what I don't know" phase in many ways.Because I have no experience and I don't have a hedge fund budget, I understand that I am not going to have note holders come running to me. 

The limitation is with the lenders, only select few nationwide lenders offer such financing to IRA and 401k holders, here is a list of such companies:https://www.biggerpockets.com/blogs/2810/50272-lis...Also, many private lenders would do non-recourse loan and in many cases such loans can be closed in a matter of days.I'm not sure I understand which obstacles you are talking about, I own a financed property in my retirement account (I used one of the lenders from the list above) so are many of my clients, if the property qualifies - getting such loan is easy.I see that you have been part of BiggerPockets for quite some time and participated in forum discussions more than just a few times so I'm surprised by your comment about people trying to make money off other people.

The holder of the debt.Do not charge fees, it's not a finance company.Interest is as agreed, you need to check usury laws for the state and stay under that rate, generally usury law will not apply in a commercial loan.A note is not a qualifying asset for an LLC as a capital contribution for compliance where capital may be required.Look up sham transactions as well, I have no idea what you're trying to accomplish.

I personally have kept all of our houses for 3 reasons1) place holder in the appreciation - if the house goes up in the market i can capture them.2) tax shelter- any "book" loss because depreciation helps me with my taxes, and gains are shielded by depreciation3) principle pay down- Your tenant is also paying down the mortgage.The key of course is expenses.