Dumb Debt also means that the owner takes on recourse debt and personally guarantees it instead of non-recourse debt or other people’s debt (OPD) or cross collateralizes it with highly appreciated assets with low debt to value ratios.

Wholesalers are going to have to be legal honest and perform if they want to get a deal done.The rule about non licensed appraising is huge. 

The main reason for this is to continue to do medical missions around the world  even when I'm dead.

Note that active income isn't the same thing as non-passive income, it's lower bar that just requires that it's a business activity that isn't just entirely passive. 

Most places in SWFL already come furnished (even non rental properties) so it was already set to go.3.  

Looking ahead, once you secure a tenant, perhaps this is something that should be explored to make the next lease up easier.Also, @Caria Mitchell raised an interesting point in saying: We are experiencing a shortage of qualified applicants, I’ve noticed non-conventional applicants vs qualified applicants that don’t have a voucher or some form of subsidy. 

Positive SolutionsProblem: In my county small multi-family houses are nearly non-existent and short-term rentals and second-cooking-areas are illegal.Solution: House-hack while renting MTR to traveling medical professionalsProblem: I didn’t know the many laws of the countySolution: A hired attorney 1) informed me that the county calls a house-hack a boardinghouse and 2) drafted a very comprehensive agreement that includes answers to your list of questions.Problem: Interpersonal problems can be a risk.

Any kind of non QM financing will have higher closing costs compared to conventional.

With a multi-family property, it is very unlikely that all of your units become vacant or non-paying at the same time.

Instead, shut off the water to the toilet and place a sign on the door "Art exhibit: Non-functioning bathroom."