I've been very keen about putting my name on the line for situations not 100% in control, so I'll definitely keep that in mind.I certainly am always open to suggestions, I'll reach out, thank you Wendy!

I am not sure how much you get involved but do your employees contact the realtor and discuss market rents, do the math to check leases versus market rents and which lenders use the "lesser of the two".Closing in an LLC versus personal name can also add a rate hit as well as Escrow or No escrow.

Your best bet is to go to real estate networking events near those areas and talk to those who have invested in those areas.Best of luck!

You also want every adult to be named on the lease and sign it.

Thank you Nick - unfortunately it is the name of the game in this space that there will be people with bad experiences, typically when the appraised value doesn't come in as what they expect and they lash out at the lender accordingly (anyone in this space obviously understands this occurrence). 

Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred. 

If that is the case, then just have somebody else be on the loan with Hard Money Lender And then after you close on the property then add your name on title.

The water heater and furnace both use gas and she already has the gas bill in her name.

What is the recourse for the tenant who signed the lease under each individuals name?

What I've seen is that when asked to provide an assurance that a loan wouldn't be called because of a due on sale clause being triggered, the lender customer service typically just outright says it's not allowed, or default to a "no", because they see it as a black and white question, and miss why the due on sale clause is actually written into the mortgage document to begin with.If one is transferring property title from personal name, a Grant/Warranty Deed would be drafted/recorded to transfer title.