I usually just send a screenshot of a bank accounts, but I have seen others get their bank to write an official dated letter saying they have at least X available to withdraw immediately.I would not consider the letter you attached as a proof of funds, nor a contract offer, its more like a letter of intent? 

Networking with them can be challenging, and extracting the specific information you need to transition into this space can be even more scarce and haphazard.To my knowledge, no certifications are required to officially label oneself as a developer.

All of this can be summarized as, "this strategy will improve your cash flow and give "some" appreciation but not the same appreciation as officially converting the home to a duplex". 3.

(We don't want government officials coming after us and it being on our burden to prove why we're exempt.) 

Being on title protects the seller from the buyer defaulting - it seems this is an alternative to "officially" putting them in a 2nd position)-- Title company sends seller the $350K they require-- Title company sends buyer back $650K (which they can use to pay off their transactional lender if they used one)So now the seller is happy bc they got the $350K they needed, the buyer is happy bc they acquired a property for zero dollars out-of-pocket, and from what I understand the 1st position lender is happy bc due the LLC arrangement the seller finance component is not technically considered a second lien on the property.

Right, once you have it recorded, you've now officially "clouded" the title and no one can go around you.

I have even heard interviews of officials (I think from the Office of Thrift Supervision) where they say they also have never heard of it being enforced.

The good news is: I'm officially finished with the renovation as of this weekend, and will be able to list it mid-term and hopefully get to a BEAF (Break Even Appreciation Focus) type situation over the next few months. 

Quote from @Laura Newton: Quote from @Derek Morrison: Hi all,I've started to play around a bit with Stessa and RentRedi for a property but I want to get feedback from users before I officially go all in.Do the two platforms serve the same function?

The biggest problem is potential purchases I have had to abandon simply because either officials don’t call me back or they tell me to hire a lawyer to do a title search.All of this is by way of setting the stage for my question.