Many people look for THE BEST "diet," and when they don't see results after a week or two or three, they become Internet junkies and switch from the low-fat diet to the low-carb diet, to paleo, to ketogenic, to vegan... and ultimately get frustrated and give up.

The profits just won't be as fat or ridiculous as the typical "yo i bought a house for $100k, put $30k into it, and sold it a few months later for $200k after listing it for $225k" kind of deal you read on here.Even if you manage to make $5000-$10,000, the experience you got from this is worth far more than that, and you got to make money at the same time.

This was the same math done when you purchased the triplex, if you purchased it as an owner occ and used the rental income to help qualify.3) If you want a rational reason why non-owner occ math is more generous than owner occ, consider that non owner occupants have to put big fat down payments down, and have more skin in the game generally. 4) Rental income (anything about it) is frequently overlayed. 

I had a property where they didn't even supply comps, and there were hundreds available, just not the ones they needed to fund the fat pensions and other ridiculous gorwing fees they have.

I've made as little as $500 when the deal was skinny and as much as $65,000 when it was fat.

Originally posted by @Shaun Reilly:However if there aren't obvious assets the hope is that an ambulance chaser looking to try to get a settlement on a frivolous lawsuit isn't going to put much effort into doing this when they don't see the pot of gold.If the primary reason for placing a property in a LLC is simply to reduce liability from ambulance chasers, it would seem to be much simpler to have a nice fat umbrella insurance policy.

And, like it or not, no matter how much you like or think you can trust the people who work for you... eventually, one of them will decide that they can take a big, fat bite out of you. 

I'm new at this, but this is what I've worked our so fat.

We have refused to insure properties because of the fat that there was a double closing and there was no disclosure made

I think it is more important to "trim the fat" from the budget, rather than the always popular political method of charging the taxpayers more in some fashion or another.