You can’t just ask questions, people get tired of that.

I love those people that pick up the phone to call a broker for the first time and use that age old tired criteria - "I'm looking for a C in a B".

You can own the asset under the SMLLC but there will be a partnership as tired ownership. 

From here, assuming you get pre approval for a new construction loan, moving into a cheap rental would be one option- I would be cautious of where if you have school age children; in some districts the mailing address must match the home address for the children to attend the same schools as now, and I doubt you would want your tenant receiving anything from the school as it pertained to your children in terms of privacy if you tired to get around this by listing current address as home and mailing address.

Or, if you feel like they're too high maintenance, invoke the "happiness clause" and see how much tread you get on those tires.

However, I can guarantee she won't get away with just paying the mortgage and then pocketing the rest.More importantly, she's tired.

He had taken it over after the divorce, but he asked if I want to buy him out because he's tired of dealing with it. 

There are a ton of tire kickers out there and filtering out those people will make your life a lot simpler.

Investors need to remember that odds are you are not the only client that realtor has, and time is money, which means their time will go to people that bring them money.When an investor I haven't worked with reaches out to me and asks for me to find them deals, a test I like to do is send 2 or 3 solid properties I find right off the MLS that seemingly meet their criteria and ask the investor for their thoughts on each. 90% of the time I get no response so these people weed themselves out and I don't have to waste my time with tire kickers.Ultimately, it's your job to narrow things down and find a few properties that stick out as potential leads.

I look for a tired landlord and make an offer that includes a sizeable lump sum in the form of a down payment and ask the owner to carry back at 6% interest only.