@Jonathan Klemm long term i'd like to be by the lake so I'd like to venture closer to the Lakeview East area, especially if I do a live-in flip type deal where I'd be living there for at least 2 of the 5 years after purchase. 

If so, you open yourself up to a larger pool of candidates.

So 5 years for you to retire?  

The most successful loans are those that do not procrastinate and get the appraisers In ASAP so you can get over any unexpected bump in the underwriting process.

At every single point in history, people think that the market as it is then, is so hard, and so expensive to get into.

So they used the actual rented data of these companies to compare what rentals should go for in your market.

I have an opportunity to do so in Southwestern Michigan (not Detroit)...90 minutes from Chicago and 5 minutes to the beaches of Lake Michigan.

I have an opportunity to do so in Southwestern Michigan (not Detroit)...90 minutes from Chicago and 5 minutes to the beaches of Lake Michigan.

Sorry one additional item I hit post too soon...The reason I asked about TIA is because you generally want to get a contractors opinion of cost prior to lease during that negotiating phase so you know how much that TIA covers and what you'll be coming out of pocket for.  

So, transferring title to an LLC is a transfer as defined by most mortgage or deed of trust documents as a trigger of the so called due on sale clause.