Peter Yang if you are investing for appreciation I thin Seattle is a great market due to the tech influx.

@Steven Yang Welcome Steven, if you want to get your first deal I certainly don't recommend quitting your day job before doing so....you'll need to be a successful agent for atleast a couple of years to qualify for conventional loans. :)

@Wei Jie Yang I'd agree with @Odie Ayaga most HML's that I've ever come across or done business with lend to an LLC, you should work with a CPA or attorney as I am neither but it sounds like an LLC would be your best course of action.

@Kevin Yang Potentially.

@Steve Yang Mornig, what neighborhoods specifically?  

I predict that the rehab will go very, very slowly... and you'll have a tenant that will use every opportunity to not leave.Conflicting tenancy law with contractor law, liability out the yin-yang (if he gets injured working on the house... in Georgia he could sue the living daylights out of you for making him work on the house he was living in and leasing from you)This is a bad idea on so, so many levels.

@Leon Yang @Stan Hill Great question, Jason.

@Dow Yang, from what you're written, it sounds like you don't really need a FHA loan.

Like you mentioned it’s the ying and yang of real estate investing, all about the balance and you are so right he keeps me balanced on most issues, but once he sees even the first successful deal I know he will come around because I agree that right now all he sees is risk of loosing everything, our home, cars, money, just everything but once I can show him this can work or it can be successful even if it takes awhile to reach a decent financial status, I just know it can work.

@Dixie Yang that makes sense.