Does he and his roommate understand the rent must be paid in full each month and they are both liable if it is not paid regardless of who has or has not paid their share?  

The way I understand it, I would have to pay 4.125% of the purchase price in LLPAs if I want to get the normal interest rates.

So, why risk everything without understanding all the potential pitfalls?

Yes, I understand the distinction. 

Finding deals is understanding how to analyze them, those could come from different sources.

That was an excellent non-answer to my question, Skyler. hihi :)No they are not all the same. some are only interested in dealing with conventional purchases other are as you say better at handling assignments or double closes, some are commercial specialty, etc....A investor friendly one would be, at least from my point of view, one that understands there may need to be some last minute wheeling, dealing, and adjustment made to close a deal, understand what needs to be done and do not freak out about creative deals.Maybe my understanding or thoughts are wrong but that's what I meant by investor friendlyregards :) 

Our market is still great, great pricing, and a solid opportunity to acquire off-markets as i work with wholesale partners, but a very savvy agent that can negotiate well for STR or long term rentals and great with understanding the best possible options for an investment property. 

Be sure to calculate the impact this might have on your ROI.Fees: Be prepared for additional fees, such as origination fees, appraisal fees, and possible prepayment penalties.Things to Consider:Loan Terms: Understand the interest rate, the loan term, and any repayment penalties.

This collaborative approach not only enriches your understanding but also opens doors to potential partnerships and investment opportunities.

I love talking about this stuff so much that my kids complain about it constantly, so I thought helping other people understand some of the general contours of the industry from a legal perspective would be a better outlet than lecturing teenagers for a fourth time about what a defeasance is!