I’ve heard different things like taking a Fannie Mae loan out then converting it to a LLC and the likelihood of triggering a due on sale clause is minimal.

Curious on others thoughts and considerations

If you did the refi 3 months after, it could trigger them to audit you.

The court forms do not track this type of eviction so based on your sophistication you may spend a considerable amount of time and if you are off in the slightest the court will withhold judgment. 

That's a very good point taking the potential further value decrease into consideration (like when running the ARV for pricing it out to the end-buyer), so it makes sense that, like you said, it would have to be a great deal.

I have a considerable amount of cash tied up for possibly more than 2 months.  

Hi All, I am very new to the Real Estate investing game and haven't pulled the trigger on any properties yet.

Maybe I'll need to give it some more consideration, haha, especially because we could probably actually go see some properties in person that way and she speaks passable Japanese.

Illinois just legalized recreational weed, however some of my tenants have been smoking it in their apartments long before legalization was even a consideration. 

Yes - I spoke with Ivan Barratt several years back many times over the course of a year, and put considerable efforts into due-diligence.