That said, the reason you aren't seeing Phill's successful students on this board is that they are all out there busting their tails and getting deals done.

My first comment is do not let the tail wag the dog. 

Having roommates live in my home isn't something I ever desired to do, but I bet the owner here doesn't have to worry about her mortgage or working her tail off to buy extra things she wants/needs.

The interesting thing about that chart is that all expansion cycles have been 5 - 7 years at max and we should assuming that the expansion started in 2011, think that we are coming in to the tail end of that 5 - 7 year bull run in home prices but given the depths of where we started this bull run, it is quite possible that this market has more room to run.

Tax savings are great when you can get them by doing something you were going to do anyhow, but we must be careful to never let the tax tail wag the investment dog.

-LLC Group by type - "Mulit family" and SFR-LLC Group by state-LLC for "holding company" only (Flips)The old wives tail of each property gets its own LLC is not an option, too much time and $ (I live in CA)Thanks for chiming in!!

A buyer in a Sub-2, wrap who is in title can encumber title without the consent of any underlying mortgage holder, if that subsequent lender is willing to loan behind the existing financing and the borrower is in title.As to what you're saying my point was, can't make heads or tails out of that, which contract?

@Chris Clothier   when I was in the mid west for 9 months went to an ole miss AL game that was something and the tail gating is off the charts..

Probably a low guesstimate.If it's a Sec 8 area, landlords may be holding thier nose until the congress gets off thier tails.

There are some decent Victorian multi-families for good prices a block away from the Pacific Ave and the tail end of the Miracle Mile, but it also borderlines on the sketchy just north of Harding Way.