Another idea that we have been exploring is using the cash value of whole life insurance funds for emergencies. 

Please be careful that they might still be the dog and depending on the breed, your insurance may be in jeopardy.

It can be done ethically, but you need safeguards to confirm mortgage & possibly property tax payments made on-time, as well as insurance with you protected.- Also, you need a legal way to take back the deed if buyer defaults!

It's all about risk in the event of a lawsuit, which can also usually be covered by insurance.- If you decide to have an LLC for each property, creating a Management LLC that all the other LLCs "hire" to run their books, will allow you to only require a bank accont for the Management LLC.2) You may not be able to do a Trust.

There's a big swing here in insurance and tax calculations I see and getting those numbers accurate are critical for your ability to not miss on good deals

I think your biggest issue with any "work-arounds" is going to be your legal liability and holding the proper insurance in case something goes wrong, which I'm going to assume you'd need to be properly licensed in order to be properly covered by insurance.

Durham is also more complex in nature than Raleigh.Raleigh stands out as the only municipality with Fast-Track ADU plans to streamline the approval process for homeowners.

Nat,Tenant has been unemployed since March and has been receiving unemployment insurance.

I'm thinking of selling my personal residence on a wrap, but I wanted to see what you thought about these approximate numbers (rounded for simplicity):$140k sales price$30k down payment from buyer$95k owed on my existing mortgage @ 4.875%$550 P&I monthly payment ($650 w/ taxes and insurance)Seller finance the $110k left w/ a wrap w/ a 3 year balloon.

Tenants fool with you and they will end up in the Barrio.. in my court house steps days these were not tenants these were very pissed off homeowners who just lost thier home.. completely different their credit is already trashed etc..