I have been told on multiple occasions that if I plan to rent it out, it moves to commercial status.  

Buy 3 or 4 subject-2 properties$20k can buy you a property (take over someone's mortgage) rather than $120kI see a few on occasion and have a few that are available

I've gotten loans with my in-laws before on multiple occasions, and even took advantage of more favorable financing because of it.

So, you always have to verify all information.Also, on occasion, public record data like notices of default, listing dates, sold dates, can be behind or entirely not correct.

We have used AirBnB on multiple occasions so we are familiar with how it works.

Just passed a new millage to build a new facility, Governor Asa Hutchinson and his wife have both actually visited the school on more than one occasion and recognized the school for its growth, and graduation percentage over the past few years.

As you said, on the rare occasion that you decide to use this strategy just be aware of the potential risks.

In Texas that would probably get a lady a ride to the local Hoosegow pretty quickly.Actually yes I have seen topless women in public here on occasion.

@Phil Begay I’m a Texas attorney that creates LLCs and Series LLCs on occasion, but I wouldn’t worry about an LLC until you at least get a deal under contract.

They are super difficult to work with, and on more than 1 occasion the work took forever to be completed.