Quote from @Jonathan Bock: @Armando CarreraProtection first... nothing elaborate is usually required.  

In areas like South DFW, challenges like limited inventory and high prices require creative approaches such as off-market deals, foreclosures, or properties needing updates.

Under the Corporate Transparency Act, LLC's are required to file a Beneficial Ownership Information (BOI) Report. 

That product is more expensive and does require reserves after closing.

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.

As is was mentioned above Fannie/Freddie require 12 months before you can use the new value to walk away with cash.

Encourage him to set long-term goals, connect with mentors, and use educational resources while keeping the learning process fun and balanced with other activities to prevent burnout.

I require tenants to replace consumables like refrigerator filters or HVAC filters.

Quote from @Griffin Malcolm: The typical experience that I have had flipping homes with solar and also helping buyers/sellers on sales with solar is that the seller ends up having a request from the buyer to pay the remaining balance off from the solar debt on the home without increasing the value.

The culture in our office is very supportive and promotes work/life balance, while still being competitive.