In practice how Mello Roos works is you create a political subdivision and apply to the county they approve the area for the Bond issue.. you need Bond council and a investment bank to create and sell the bonds. once the Bond issue is approved this allows the developer to get a Bridge loan to build said improvements ( that are usually 5 to 50 million or so) Once improvements are in  and taken over by the county the Bond money is released and is used to pay off the Bridge lender..

After all if you get the deal done, you are creating more opportunity for everyone involved!

Or the market tanks and the value of the house goes down and that creates issues (selling at a loss, who brings money to the closing table, etc.

I am looking to create a guest guide book.

Once you're ready, create a goal (e.g., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

You create LLC for asset protection and has nothing to do for writing off expenses.

You can 100% create simple systems with free technologies and run your unit efficiently. 

Borrowing against your 403(b) would avoid penalties, but this is unavailable if you’re no longer with the employer.This post does not create a CPA-Client relationship.

Remember, not all off-plan deals are created equal, and the right approach takes experience, research, and the ability to think long-term.

If everything goes right I will be able to refinance and will have created 25% equity, or I may end up having to bring $10-20k to the refinance to get the 75% LTV depending on the appraisal, but even if that's the case it's still a great deal.