But I am lucky to qualify for a conventional loan, which seems to complicate things with the LLC.Absolutely plan to get all possible insurance.Hey DanWe may be beating a dead horse here, but there are a couple of things you may need clarified.Transferring to an LLC that you're a sole member is an exempt transfer, so allowable, and shouldn't trigger the due on sale clause. 

Capital gain would be a bonus, but with my present job income I would not even be relying on it to build capital for further acquisitions (I would be saving hard from job income).

Lastly, I think “leverage” and “wealth” have different definitions involving a multitude of variables respective of the values and strategies of each BP member.  I

There's so much good information and good advice here that you will never regret being a member. I

I do open house showings and let anyone who wants to see it come and then anyone can apply through Zillow so their credit and background can be re-used for 30 days with other landlords.

Hey BP,This is a great forum and I am excited about being a member. I

In Oregon, for instance, if one party is leaving there is a clause that they person remaining can be re-screened for income to make sure they can afford to stay in the property.

When we @mention a member the member is alerted by email that they were mention in a forum. 

In the short time I have been a member, I have been able to learn and pick up some great knowledge and insight.  

I was hoping I could swing that number, but I will be re-adjusting my plan of action.