Some of the lists you might consider are Absentee Homeowners with Equity, Seniors with 20+ Year Ownership and Financially Unstable.

If your house caught on fire 1 day before selling it, your homeowners insurance would pay to remediate the fire damage, but they wouldn't compensate you for the loss of the sale/profit.

I want to know which companies would be good for rental units in Louisiana. I am looking to do my first deal. Thanks

But for the unit you’re living in, you can’t do that.2.50/50 Split: Since you’re splitting expenses down the middle, make sure you both agree on how that’s going to work, especially since your unit won’t be bringing in rent.3.Your Unit: You won’t get to write off depreciation or rental deductions for the unit you’re living in, but you might still get homeowner perks like mortgage interest deductions.4.Partnership Stuff: Just make sure you and your partner are on the same page about how you’re splitting costs, income, and who’s handling what.Might be worth chatting with a tax pro to make sure everything’s set up right.

@Andrew Steffens We are a full service property management company, we do offer some of our homeowners just the administrative side of things at a discounted price.

Many of them found great success after their 1-2 years because many of those clients who were leasing ended up converting to homeowners a few years down the line.

If you aren't paying cash for the properties, you aren't buying in an LLC unless you are using a DSCR loan or other non-homeowner loan.

(Yeah, that last one was a snarky comment.)CONSYou lose the homeowner capital gain exemption. 

CU TXBank of TX FrostExpert Law TexasSpecial aspects of Home Equity Loans in TexasThe Texas legislature has passed laws that are designed to protect homeowners and their families, and the state did not even allow home equity loans until 1997.

The buyers want "An ALTA Owner's policy of title insurance without standard exceptions" checked on the contract instead of "An ALTA homeowner's policy of title insurance."