Not understanding that...The $41.45 is what's called a Resident Benefits Package, and is growing in popularity in our industry.

Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.

And the first thing that came up when Googling the subject was Dodd and Frank, which requires RMLO if you originate more than 3 loans per year to a real estate buyer who will be residing in the property (Dodd Frank does not apply to commercial transactions, rental properties/duplexes and etc. among others).I know successful people who did this for a decade or decades.

The duration for rent increase is one month for tenants that have resided less than a year, two months if more than a year. 

With San Diego, we would plan to rent as I just don't see the value in owning a house as a primary residence, there are just too many expenses to justify the cost of home ownership, especially in San Diego. 

In Denver metro area, for instance, the city of Denver only allows short-term rentals in a primary residence.

One thing to consider since you are a California resident investing is the compliance requirements for LLCs incorporated in California or operating as a foreign entity here - the rules here are different than most states.  

. :)This is especially true if you rely on furnishedfinder.com as your primary lead source (which you shouldn't, but that's another post) as when you make that connection with a prospective resident, you are selling yourself as a landlord as much as you are the property as a place to live.

This is where most people start getting nervous. And, honestly, it's for good reason. Having good residents can make owning a rental house a breeze, but bad ones can make it a nightmare. Fortunately, there are practic...

Investment Info:Single-family residence buy & hold investment.