In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

Establish Clear House RulesLiving with someone in close quarters can get tricky if rules aren’t clearly laid out.

In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.

I suppose that requires a second (or third or fourth) opinion, but if he's right, where can I pull cash from to both complete our primary home, and refill the RE emergency fund I'm currently depleting?

For Fannie Mae in my experience, you need to understand and plan for the quarterly and yearly reporting requirements along with the loan servicing inspection requirements. 

., you get a 600,000 mortgage, but only have to pay a third or a quarter of that mortgage payment due to the income from the other units.

Don't believe the hype and misinformation out there.This is the fourth deal we've closed this year.1.

Here are the four things I order  1- BPO (150.00)2- home inspection (350.00)3- pre-lim (225.00 maybe free)4- appraisal. (500.00) That 1225 tells me everything I need to know and I’ll kick the deal at each stage if the numbers don’t perform. 

. $500 is for the quarter.

We do MTR first quarter, just about every year.