@Greg ScottYou would be amazed how many SFH units burn down per year, sounds kinda dangerous to own one

It's dangerous to take professional advice from another investor and then try to implement it for yourself as well. 

It is extremely dangerous to run in an occupied space.

Dogs on the "dangerous breeds" list are $50 a month and require the tenant to carry additional insurance with the Landlord and Property Management company listed as additional interest.Good stuff!

They are two distinct transactions that may go to a different secondary lender, so they'll need two complete packages.

There's a remarkable distinction between buying a property and purchasing someone's LLC.

I currently have a verbal offer on a half acre lot in the heart of the downtown area (one street over from the current courthouse) of a small town in the path of progress. The local government has announced they will ...

I originally thought you might covert it into a true duplex with two distinct units, was that not feasible for the house?

That would differ a bit from the wholesaling strategy I think you were mentioning, given that I don't have the funds to put properties under contract right now, but I'd be interested in hearing your thoughts on the distinctions between those two strategies.

Along with that comes inherent dangers if the user is not careful.