If I were to be managing 10 of my own rental properties I would likely forget to check if one paid rent lol. 

I'm an out of state investor and will have them manage more properties in the future.

Most DSCR lenders actually prefer you to own the property in an LLC, although some do allow you to close in a personal name.

Lets keep in mind there is HUGE money in Training far more than owning 200 row houses in Philly etc. 

A Special Warranty Deed means that they own the property but can't guarantee anything that happened prior to their ownership.

Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).

California is one of the states that will hound you for the proof your 1031 is still valid, only a California expert could say if converting it to your primary would trigger that tax.

I'm Diane :) By day I'm an executive assistant to c-suite execs, by night I run my own virtual assistance business, and 24/7 I think about investing in multifamily homes.

This will give you a baseline, I.e. own the Main St project same thing as this one, and it cost me all in $125,500 to do the full rehab.

Hi everyone,I graduated college a few months ago in Boston and tried to start my own business but it didn't workout and so I focused on Real Estate instead and passed my NV License.