They walked me through the very basics when was new and have great training.

Use cash flow to pay personal bills (wife is pregnant and I want a safety net).Mid term: 4-10 residential properties over the next 3-5 years as capital allows.

The jurisdiction of its a safety hazard or blight my require it to be demolished and you do not want to start getting fined for it, so that is something I would consider.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

Every county has different requirements, such as minimum square footage for rooms; maximum number of occupants, hallway sizes (If there will be residents in wheelchairs); and safety regulations which are usually different that owner-occupied homes (for example- Interior fire sprinkler systems).  2.

I guess I'm asking for something like a hard money lender, but I don't know if they lend on assets you already own.I guess you could put the paid off rental in a sandbox (trust, or corporation) so that the income from that rental is only counted against the debt from that rental then take basically any loan on it, but outside of that what options are there?

If you'd like, I’d be happy to hop on a call to go over the Branson market basics.

The intent of FHA was to promote primary residence home ownership not investing portfolio building so they put this rule into place.100 Mile rule basically says that you cannot use rental income offset from a lease agreement on your current house to help you qualify for the next property when using FHA loan to qualify.How do you get around this?

They include: zoning requirements, building codes, impact fees, permitting requirements, design standards, public land requirements, and federal Occupational Safety and Health Administration regulations and other labor requirements.

This would basically create a synthetic Heloc.