LLCs are for protection primarily so just creating one and putting it on your lease, isn't sufficient to truly protect your interests.

It was clear from the video that this new law attempts to prevent wholesaling entirely, and Pickren feels that the interpretation of the law is sufficiently wide enough that any marketing for the assignment of a contract will fall of under the definition of this law. 

The next night, while at the property to let the tenants know I was the new owner, I noticed he was in the community laundry and with his phone plugged, a bottle of piss on the floor, and looked like he was going to sleep in there.

If your goal is financial freedom you need an income that meets four requirements:Rent increases faster than inflation: Only if rents increase faster than inflation will you have sufficient dollars to pay inflated prices in the future.Sufficient to replace your current income: You must have sufficient income to replace your current income.Lifelong income: It must continue throughout your life.Low operating costs: Every dollar you lose to operating costs is a dollar less for you to live on.Rents Increase Faster Than InflationWe live on buying power, not a fixed number of dollars.

A misdemeanor may be sufficient to deny application if the conviction was recent and didn't involve a more serious crime, such as battery or intentional property damage.

I may switch to a 5% conventional loan to avoid the risk of failing the self-sufficiency test.

., sufficient insurance, application fees, certificate of occupancy, etc.).

Problems in the past are almost always from the Airbnb bookings so I'm definitely not losing any sleep over it, but still scratching my head. 

Mainly because FHA has a “self-sufficient” rule when purchasing a 3-4 unit property.

@Mohsin Mazhar look into class A-/B 3/4 units these tend to have sufficient cashflow so you make money even after expenses.