Another goal of mine is to slowly reduce my reliance on my appraisal income through 2014 and become a full-time investor by the end of that year.So, what do you guys think?

Since the pipeline is expanding, I'm confident we'll be able to keep up our pace and income.Crowdfunding is also expanding our capabilities significantly since it reduces our reliance on banks.

Still pleased with the outcome.Due to older age of seller, I've arranged for settlement attorney to be trustee for the loan and will use Sellerloan.com to service the loan (i.e. accept the payments for the seller, provide proof of payments, generate tax documents and be able to interact with the trustee to release the lien upon payoff) taking the reliance on the seller out of the picture in case they are incapacitated in future to approve lien release and sign paperwork.

If the owner of a home holds the property for a business purpose, it may be considered a commercial loan, this is a reliance that hard money lenders and private lenders may take, however this may not always be true.

In fact, during the crazy Condotel years, there was a lot of arguments going on about whether the investment was truly real estate in nature or a form of security due to the ownership restrictions and the reliance on another's management capacity for cash flow.

Ultimately reliance should be given to his professional team. 

   , but note that it requires reliance on your recorded Title. 

Las Vegas on the other hand has been hit really hard because of their reliance on the entertainment industry.

But the reliance on a single operating system pushed us to an online accounting platform.

Idea with LLCs is as a liability shield since any income gets passed-thru according to the operating agreement.A LLC serves to limit recourse on claims against the property to the LLC assets so  you're not putting the rest of your fortune at risk (hence LLC = limited liability).Think putting everything in ONE LLC defeats their purpose.AM NOT A LAWYER SO DO NOT ACT IN RELIANCE ON WHAT I SAY.