Bottom line is politicians don't care about you or your tenant.

We care about our investors' success, but it's ultimately up to each investor to take action to accomplish their goals however they do it!

The only thing that I really care about is room on the deal.

Excited to join the BP community.About myself - I am a principal of a RE development company and co-founder of an proptech company. 

Most sellers only care if you close so you can usually use another form of capital stack other than what is on the agreement, however, the seller can force you to use the originally agreed-upon payment method. 

But be careful with your trial.

Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.

It's not just for large portfolios; even a single property can justify the use of an LLC, especially if you want to shield personal liability in the event of legal issues. 

Staff often seemed to focus on one requirement at a time, and only moving on to others as each was taken care of, instead of starting them all at the same time.

With small multi-family, be careful with the neighborhoods in Indy as it is very street by street in some areas.