You can also contact the listed property owners/managers on zillow, etc and ask if they can share the prior leased details to see if they'd be willing to share.Best of luck,Lindsey

As always, we need to be qualifying tenants well and following up with prior landlords.

Often the "student" doesn't do his/her due diligence PRIOR to choosing a mentor / coach, resulting in a loss of money and little to show for it.

If you want to start sooner instruct your broker that you only want to spend the $450K and to stick with your budget.

Also, the instruction said "MAY", so maybe the business unit isn't necessarily needed.

On July 1st, they sent a text message saying they did not agree with the rent increase and gave us a check for $900, subtracting the "overpayment" from June and stating they would be paying the $1350 moving forward.Our town does not have rent control (we checked prior to raising the rent) but we do acknowledge that raising the rent by 33% could be seen as unconscionable although NJ law does not specify a dollar amount or percentage on rent increases.

In this scenario, each member doesn’t actually own real estate, they own a business (that owns real estate).If that is the case you have two options: 1) The LLC performs the 1031 exchange and continues to achieve the goals of the managers through changes or details added to the operating agreement and subsequently consider dissolving the LLC. 2) You dissolve the LLC and reform as Tenants in Common *prior* to the sale of the property.

If you can check these boxes off you would be able to start buying long term rentals with having owned zero real-estate prior to the first transaction. 

HI Latonya,Depending on the county in which you used your VA financing entitlement in prior, getting your 2nd VA property might be tougher because your prior entitlement might be tied up partially already.

This is impacting my debt to income (DTI) ratio and I already knew that prior to contacting Seek Capital LLC.