When we got engaged, my wife didn't want roommates but was willing to do a two unit situation.2.

UBIT is generated two ways.

Otherwise, I recommend option two, using a personal loan.

One thing I’ve noticed, though, is a huge gap between aspiring operators who are ready to start and landlords/lenders who are willing to partner with them.I’m working to close that gap.Right now, I’m building a program that connects these two worlds.

There are two issues (opportunities?) 

Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner and/or spouse live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

In the past two years we have completed over a dozen flips, We are holding 20 rental units self managed and 2 self managed Air BnBs.

As for income verification, I require the applicants two most recent paystubs and if self employed I need their most recent tax return.

Can you then decide to list and sell the house two months later...yes.

An LLC is useful for two things: anonymity and legal protection.