Also, if your son requires your signature to co-guarantee loans on his first purchases,  the lender would most likely want you to be a member of the LLC as well. 

Okay, I have not heard of this strategy but I had an idea.

Its a 3bd/1.5 bath row home Either the rehab sucks and the house looks like crap, or, you overpriced it.

You likely don’t need a real estate license to rent out your own property.

I can send you over the list if you would like.

Purchase price: $55,000 Cash invested: $440,000 Currently under construction and pre-leased for $6,195/month, this 7-bedroom, 5-bathroom student rental in Clemson, SC, was built using investor cash and designed for high-end student living.

I like the idea of a newer 4plex but they just don’t exist in my market.

@Shiloh Lundahl,At this point, the amount of time you're putting into this is making me laugh. 

Good job on this flip!  

This worries me a little.