Just a FYI you don't need an LLC to do RE investing. if you are looking for the checkbook control then yes you will need one, make sure the custodian you choose explains the prohibited transactions and disqualified person list to you. 

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

If everything is above board and can be pretty well documented its likely workable for at least us (but I'd imagine same with a good amount of DSCR Lenders)Can you explain more on Arms-length transactions?

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Explained the situation and he said it may be a challenge to get another conventional loan (investment loan is being considered as well but; Family loan = plan A, bank loan = plan B).We want to keep the property we live in now (since Oct 2023) and rent it out when we leave.

If something truly was wrong that you could have prevented or handled a lot better, thank them for leaving a review, apologize, own up to the mistake you made, and explain how it’s fixed so it won’t happen to future guest.

So, I would discuss with the tenant and explain what they owe under the lease and what you would accept and why and see how they respond.

You can explain to the Realtor that if you don't do this, then it has to be a cash buyer and they will offer less.

I appreciate the time you took to explain all of this.

😜)Sometimes the money I bring may be enough to buy the whole place, sometimes it will be the deposit, but in either situation it makes it real.Second issue, Fear.The biggest fear I always encounter is the fear that the debt owed against the estate will somehow attach to him/her personally.I find articles from attorneys that most closely meet their situation and while explaining to them that, “unless they personally signed for the debt, they will never personally responsible for the debt.”