My personal definition of market rent is the price where I can READILY attract a GOOD QUALIFIED tenant and also KEEP that tenant AT LEAST 2 years.

Any decent lender will want to dig into your business and personal background and will look at the lifetime value of the relationship, not just a one-off deal.You're going to have to jump through hoops, too, like lockboxes or even notification-based factoring for all of your revenue/leases.

I have not personally tried the Wire feature though.I am an Accountant and use it and refer my clients to it as well, connect with me and I will look to see what the costs are to send a wire, they do allow free check and ACH payments if timing is not a factor.I had a client who used Titan, and as an Accountant I did not like it.

A new person doing an OOS BRRRR right now is ripe for a loss.

All my information is based on both my personal experience as to transactions I have successfully concluded as well as my knowledge of the laws, rules and regulations affecting real estate transfer, finance and sale currently in effect.  

Personally I'm working on a very exciting niche, but will take some time to pull together; and I'll give you more details as it moves ahead. 

If you pay the loan off before selling or do a refi and have $1 of equity, it won’t affect your taxable gain. 2) if you stay 2 years you’ll have 14 years of personal use out of 22 years so 63.6% of the gain cane be exempted, up to $500k.

If someone injures themselves and sues, they will sue the LLC, not you personally.

I am also looking for in person meetups in the Detroit, Ann Arbor, and East Lansing or Lansing areas.

It might be good to have a 3rd person go in and acknowledge that there is smoke damage.