I had a FL rental that would sit vacant in the summer because no one wants to move in 100 degree weather. 

From Northern California to LA, inland temperatures are expected to exceed triple digits in many areas for July 4th weekend.For those that have ever tried to sleep in 80+ degree weather without AC, you will recall...it isn't fun?

I know people living in DC with, master's degrees from prestigious colleges and professional jobs , who rent a house shared by other professional roommates, because they can't afford to rent on their own.

There is a difference in the hit someone's credit takes if they are behind in payments or they are in foreclosure so offering to buy the property before it goes into foreclosure does help the owner to some degree and it is not claiming to help them stay in the house. 

I'm an engineer by degree so a methodological, data driven approach was important to me.  

Although I have plenty of carry-over depreciation for now, if I decide to slow down in the future, it will help offset my taxes to a significant degree.

I have too many expensive degrees and this is the one way I imagine that I can really contribute to the family's finances because of my expertise in finance, engineering, construction, etc. 

Someone waiting tables while finishing nursing degree, and had some credit issues, YES, gimmie them, I will happily deal with them, those who give a shat about there lives and are clawing way up.

You can have the best operator who has the the highest degree of ethics, and you can still lose your money.

However, when an LLC owns the property, it will not be in your personal name, which can result in higher interest rates on financing.This is just food for thought to give you a full 360-degree perspective on the topic.