I am just decently known in my space so people just click on my links.So $3K/month... corresponds to 15 HOUSES.If each house would cost you $400K, that would be a $6M investment, just to get $3K passive income?!

Recently I moved my rental properties into LLCs and opened business bank accounts that correspond to the properties. 

@Samuel Farhi Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I use my attorney’s address, so all correspondence goes to him and he forwards it to me.

The more frequent the turnover, the more time required and the corresponding higher cost.There are also market variables, dependent on the property location.So, you are basically correct with your theory:)

@Vincent BerggrenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

This discrepancy was not previously recognized by myself or the mortgage lender until I received correspondence from my lender indicating that the insurance policy holder's name must match the property owner, in this case, my Ilc.

Each municipality makes these incremental steps as a way of slowly gaining that control, BUT must correspond with state constitution.

Yes, you have to hang your license with an institution because it pragmatically isn't economical to run your own independent shop these days.You're still often brokering or correspondent lending, though, if you work for a mortgage bank or mortgage company (eg, not a "bank" bank, where you can have a checking account).

After completing an online form and following up with all of the questions and correspondence that was sent my way (including sending my proof of cash funds, account statements, etc), these folks let me know they were not interested in working with me.