That makes her the tax payer for the property regardless of the fact that the LLC is on deed.So if she sells as the LLC and purchases as herself she is technically not changing tax payers.  

A little background about me: I'm a 24-year-old university graduate making a decent salary, but don't have much at all in my savings.

You can negotiate with the seller to do cash for keys because "TECHNICALLY" you are purchasing the property with all assets and things attached to it, including tenants.

Technically EVERYONE is supposed to get your explicit consent to run your credit if you do not already have an account with them (a "soft pull" is when an existing creditor is a "subscriber" to your credit, gets a fresh copy on a monthly basis, and double clicks to open it... you don't know this is done just like you don't know who opens your yellow letters, if you send them), but mortgage lenders face greater regulatory scrutiny, so we tend to actually follow the rules. - No one has a perfect credit score.- If you do not have a perfect credit score, but have unblemished credit, the credit reporting agencies still MUST give 3 reasons why you do not have a perfect credit score. 815 v 795 is normal month to month variance.

I would side strongly with your friends (I believe the technicality on OO isn't being there full time, it's like more than X amount of days for 1 year or something.) so I would say maybe not "move in" but make sure you have some stuff to stay there when you have vacancies.

A good designer can often weave the client's aspirations with the technical requirements-- and make it look good ;-)

So basically In a years time, they will technically payed off 12k of my mortgage.

Background: I currently have a IRA rollover account at Charles Schwab.

A little background about me: I got my RE license when I turned 18.

What I bring to the table:- Stable income/employment history- Handy and technically minded- Great with excel and programming, should translate well to custom analysis tools and automation- Commitment and discipline to spend the next decade grinding and doing whatever (legally and ethically) it takes to be successful.Thank you for taking the time to read this, and thank you to everyone involved with bigger pockets for facilitating this community.