Documentation is very important, and sometimes an issue will pop up later and you will want photos to reference back to.I would also add to be conscious of the tenant’s privacy and remember that it is their home too.

I am aware of DSCR loans (among other types of unconventional loans), But at the same time, I do have an amount of capital such that I can float the first 3 to 4 deals that my partner and i get into. 

There are several of these type of "Services" popping up all over my FacefBook now. 

The agent warned that the purchase price is much lower than the estimated value of the home, so the county may not allow this type of title transfer.

I could see a multi $ million claim on one of those things in a resort-type setting. 

Thank you, Greg and Chris, for your suggestions.Any idea on which specific type of attorneys to contact and leverage for creating LLC?

I would then look at how long their current lease runs until, and make sure you're documenting all of their payment receipt dates after you acquire the property. 

@Brenda B.Never use a template - get an attorney to draft the proper documentation

This is the type of information I really needed.

I had to change insurance policy type 18 hours before closing recently because… things change!