And need an LLC to initially secure a lender as well if going that route

The seller remains personally liable on the note while no longer owning the property securing the note.2.

My strategy focused on leveraging the future growth in the area to secure a long-term investment at an advantageous price.

I’m in the process of searching for land in the Houston area to then build a 4-plex on it.The plan is to self-fund the purchase & construction, rent the units and cash out with a mortage.I like the idea of serving lower income families and therefore don’t shy away from section 8.This is the first time I do something like this, so I’m throwing it out there in hopes of hearing your thoughts and learning from your experience!

If one of them are staying than we keep the security and tell them that they need to figure it out themselves.

Unless you're 110% confident in the MF purchase and you can drive up the value of the building quickly (6-12 months) and then secure longer-term fixed financing to pay off the HELOC or loan. 

Security Deposit: Follow Oregon’s rules—return deposits within 31 days with documented deductions.5.

Hi everyone, i'm very new to wholesaling, watched a couple videos by Flipping Mastery TV on youtube and after some research, thought i'd do my first few offer calls.I was able to find 2 seller's agents who are interes...

No security deposit either. 

Otherwise, if you prefer not to go through that process, you'll be hit with a 25% tax on your rental income, which can eat into your profits.I also recommend investing in a couple of cameras and a good smart lock for security and monitoring.