I have done it successfully on my last 2 buildouts, maybe 3, but only because I was able to acquire the properties at a very low price and I did all the work in-house (myself and some hired hands on staff).

To get started, continue learning through podcasts like the BiggerPockets Real Estate Podcast and books like "The Book on Rental Property Investing" and "Set for Life."

You can set up a Wyoming LLC yourself.

so based on 20 seperate companies.. what I would do is take no ownership since you dont need tax write offs.. just set it all up and give yourself a management contract and spell out the terms in the management contract.. get to the same place without doing the books. 

I bought 14 houses basically for free by harvesting the equity in my houses by doing 5 cash out refis.

@Nicholas Stout S8 rents are set by the number of bedrooms, that's pretty much it.The HUD guides are just that - guides!

This is something I try to live by and teach my kids if I can - "A human being should be able to change a diaper, plan an invasion, butcher a hog, conn a ship, design a building, write a sonnet, balance accounts, build a wall, set a bone, comfort the dying, take orders, give orders, cooperate, act alone, solve equations, analyze a new problem, pitch manure, program a computer, cook a tasty meal, fight efficiently, die gallantly.

We had a call set up for a Monday in December and by Friday we found the house we wanted to purchase through them. 

However when it publishes to websites for marketing it isn’t obvious that I’m renting rooms not an entire house so I get a lot of dead leads.

Brand new house.