For the next 3-5 years, single income household here (wife staying home with kid(s)). 

To me this actually makes much more sense than the current system, people just don’t like change lol, basically the buyer & thier agent negotiate a fair fee and that fee is no longer being “hidden”. the agent than negotiate’s a concession with the sellers agent, that’s literally it, it’s a totally logical system that makes much more sense then the current one, and I think people (mainly agents who are afraid as soon as the seller realizes they are getting 3%, that they might not be worth it) are just making way to big of a deal of it.

Quote from @Shivani Kumar: Quote from @Patrick Roberts: For Conventional, there are two basic ways that income is evaluated - properties being placed into service (such as a new property being purchased), and properties already in service.

Paint, basic cosmetic Lessons learned?

What I do with my A class is just wait until i have a 700 plus fico and then I have never had a issue with rent collection ever basically.. but I suspect if there is a divorce or death that could happen.All these folks buying for cash flow only and getting stuck in the D and C areas i dont think they actually comprehend that assessment is WHAT is going to happen not what MIGHT happen..

You can always include the cost of the land into a construction loan but if you purchased it already it can play in your favor.At the bank we do all of the work you basically apply for the construction loan and the Building department along with processing sets up the entire process.

Between wholesaling and subject 2 you will see the size of those communities basically go back to the norm.Hey atleast the gurus made a ton of money

And basically anything that rings a bell would be helpful.The reason i am asking about this is i am trying to understand if there is a market need (pain) to make revenue streams more predictable and to insure away such risks.

Basically I'm going to have to run the LLC side of thing just not sure how to go about it 

Basically I am loosing 10% a month so it's like I (the owner) am paying the late fee.