@Mariah Pierce I can't speak for the 203k loan, but I'm currently going through a renovation using the  ChoiceRenovation loan and my understanding is that any funds leftover/not used will be applied to the principal loan amount.

Tenant agrees not to pierce any brick, masonry, woodwork, cabinet, door or floor with nails, screws, staples or any hanging device, as doing so may cause damage beyond repair.""

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

The obvious question is, am I still going to be liable (aka piercing the corporate vail) in this case? 

In corporations this is known as piercing the corporate veil.6.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Any lawsuits should be limited to the assets of the LLC and not your personal assets (assuming you run the LLC appropriately and the corporate veil is not pierced, some debate as to SMLLC).

@John Pierce #2 completely kills @Ryan Wydler's model, and the model @Stephen Glover mentioned.

Which every economist will tell you is the best way to fight inflation. it looks like it's worded to pierce through multiple LLCs like this and just talks about direct or indirect ownership:"In the case of a disqualified single family property owner, no deduction shall be allowed under this chapter for any interest paid or accrued in connection with any single family residential rental property owned (directly or indirectly) by such disqualified single family property owner."

Imagine you are the one small LLC owner who gets all the paperwork and operations right to prevent piercing of the corporate veil. 

It's a good time for buyers with the dip in interest rates, but the low inventory could pose challenges.Take a look at the Data below for King, Pierce, and Snohomish counties!