However, I'm excited to be a more ACTIVE member moving forward! 

Outcome: Retrieve detailed information on legal cases, liens, judgments, and any active legal disputes that may affect the property.7.

Are you actively trying to seek properties in that area?

One thing to keep in mind, most lenders will require that you have owned a property for 12 months, and have two active trade lines on your credit for 2 years or more.

If your income exceeds $150,000, your ability to deduct passive losses from rental properties is limited, and any disallowed losses carry forward to future years under the passive activity loss rules.Yes, the deductions can accumulate and roll over year after year.

Get your license, do the prospecting activities, and find the buyers.

My goal was to be a little active to make a higher return and to do that I needed to be in the same neighborhood where I live.

Be pro-active and assess risk now and not re-active when a GP drops a request on you.

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?

Rarely do I come across a LLC that is treated correctly (without comingling of funds, documenting the minutes of the required board meetings, and often paying the franchise taxes to keep the LLC active).