If the sales price is so high, you can not even obtain at least 1%  with a Zillow rent estimate keep looking.   

City of Cleveland wants a certificate of occupancy before they’ll issue the RR.C of O is impossible to obtain with a squatter.

My goal for right now is to gain some funds through wholesaling properties and then eventually obtaining a couple rentals in the next few years.

I would recommend obtaining a new EIN under the new single member LLC.

Moved into a cheap house and used “sweat equity” to increase value and then obtained a line of credit.5.

The short answer to whether licensed real estate brokers/agents should obtain their NMLS mortgage broker license is: Yes. 

Hi everyone,I'm looking to invest in short-term rentals in California but want to focus on markets that have a relatively smooth and less restrictive process for obtaining permits.

But I can still use an FHA loan and then transfer the property for $1 to obtain maximum protections of an LLC with maximum leverage.They are told this can trigger due on sale clause and will still will be paying transfer taxes based on the properties assessed value + deed prep, recording and misc. title expenses.

Most courts have found for the creditor in obtaining full ownership of the debtors interest in LLCs, Corporations, and Limited Partnerships.  

I just attended the Bigger Pockets Conference and I discovered there were many books you can obtain through the Bigger Pockets website that might help you in your journey.