If you’re open to exploring outside the Bay Area, markets like Milwaukee, Chicago, and parts of Indiana offer strong potential for flips and rentals.

In Missouri, a married couple jointly owning LLCs is generally required to file partnership returns for each LLC, necessitating Form 1065 at the federal level and Form MO-1065 for the state.However, the IRS offers a Qualified Joint Venture (QJV) election for married couples, allowing them to avoid partnership classification by treating the business as a joint sole proprietorship.

There are landlords who are proud to own properties while offering their communities a nice and safe place to live (and enjoying the benefits of having someone else pay for your appreciating asset).

The rate the manufacturer offers is 4.8% which is why I am going through them.

Party 2 offers higher rent but comes with more risk.

The biggest challenge seems to be finding lenders that offer these loan products which is where I’m looking for help from the community with recommended lenders that serve Texas.The Fannie Mae (or Freddie Mac) options are preferred over FHA purely because of the (perhaps perceived) limit on renovation funds that the FHA option provides.

Does anyone know of a larger bank that does offer a HELOC or something similar IF it's in 3rd position? 

I have an accepted offer on a luxury cabin.  

Investing out of state can definitely offer better cash flow opportunities, especially in states like Indiana, Alabama, and Ohio where property prices are lower and landlord-tenant laws tend to favor landlords.

I’d recommend reaching out to see if any of them can offer a package deal for the sewer scopes you need.