The LLC only holds the raw land and it's completely paid for.

(other issue was a leaky toilet we took care of, at our expense).  

However, if you are profiting over 6 figures, the property might be too expensive to live in order to truly house hack.

I've even paid for a subscription to have limitless access to all articles on multiple of these websites.

So as long as I paid no issues.. and most of those I sold on wraps. when i started buying homes via sub to I did over 100 of them..

At $5k/month with a 40% expense ratio, you're at a 21% cap..

I'd look at the closing docs for something related to the pro-ration of expenses etc and see if you have anything there that could be a clause you point to for them to cover those payments. 

This is what I am encountering, in the current Mortgage Industry.If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

Flipping a brand new home likely wouldn’t bring much profit - especially after having to close twice when you first buy it, and later sell it.Maybe you have millions to spend and I’m just missing the big picture… but when I think of “income” I’m usually thinking “net income” after you factor in expenses, like purchase price or building costs?  

That loan is being paid off by someone who checks the box on the conventional loan application that they will be occupying the property.