Federally backed mortgages cannot be called due on sale if it is a transfer to an entity with the same beneficial owners provided that the insurance is properly updated.But this naturally begs the question - if you're adequately insured, which means letting the insurance company know about the entity, that you're operating the property as a rental so appropriate liability limits are written WHY both messing around with the LLC at all?

Naturally, the IRS computer will match your 1099-INTs against your tax return.

Let the experts handle it, you are going to run into sensitive situations and will stumble upon a professional tenant who knows how to sabotage a landlord. 

Hey @Tyler Todhunter,I too was an avid Mint user and because of the nature of my business needed to find a Mint replacement for not only myself but for clients. 

I can confirm that this description hits the nail right on the head.My Technical Expert traits have been fundamental in allowing us to steer Rentwell through the unpredictable nature of our business.

Nature can be a great asset, resist wholesale clear cutting!

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

In conclusion, the parallels between the financial challenges of 2007-2012 and the current market conditions of 2024 serve as a powerful reminder of the cyclical nature of our industry.

My plan is to steadily acquire smaller multifamily properties and eventually roll them into larger multifamily deals, which is a natural fit, given my professional background.

This improvement suggests a growing buyer interest and possibly limited inventory, creating favorable conditions for quick turnovers.Toledo OH - RE Analysis (April 2024) - House Sales (1).pdfDemographics and Economic FactorsPopulation and Economic CharacteristicsPopulation Size: With a smaller population of 5,341, 43620 offers less competition in buying and selling, which is beneficial for flippers targeting niche market needs.Income Levels: The lower median household income ($27,442) suggests a demand for affordable, refurbished homes—ideal for flipping projects aimed at cost-sensitive buyers.Housing and Ownership TrendsRenter-Occupied Properties: A high percentage (68%) of renter-occupied properties indicates a transient population, potentially less targeted for flipping.