This can be done and is done all the time but I don't think this is something that is very scalable, or the most efficient use of time, especially the management part.Passive on the other hand is a cake walk for the investor Blake

Plus, your house will probably be worth more if/when go to sell later…or you could leverage it as others have suggested and eat your cake too.

On the mortgage broker side of things, I get to have my cake and eat it too.

Again, I dont want to count on this, but it would be 'icing on the cake' and gives incentive to try to achieve those goals over time if you actually have a 'dollar benefit' associate with it.What are the rest of you doing for cap-ex and repairs?

Getting a Warranty Deed as Bill Gulley referenced above, not playing patty cake with ownership.Using a real estate attorney for contract/mortgage, title company for docs and closing.

If it does -it's just icing on the cake.

Or BP posts that glorify the one in 1000 that hits a homerun leading others to think this is a cake walk.And any one can buy a rental home takes no skill at all to do that.. so take all that with a grain of salt as well.. and that's not a bad way to go for most of the folks on this site.. buy some rentals stay on top of them create wealth over time..

I've been seeing a lot of 2-3 Family homes that are fix n flips and as the market shows they are selling like hot cakes.

A single-member LLC is a disregarded entity, so it's cake to structure that way.

I've seen advertisements on urinal cakes...