After lots of reading & listening on BP, it occurred to me that it might make sense to build some apartments there. 

Doing deals in multi states I would setup a "spoke" LLC in that state which than operates all operations in that state, including additional sub-llc's in that state (as growth occurs it is good to keep properties into certain "buckets" or LLC's and not let any 1 get too big). 

Income (adjusted for the lack of a 2nd bedroom), all expenses, what other capital expenditures have occurred?  

The grey area still occurs when those active investors in a joint-venture are not actively involved.

I’ve accepted a previously evicted tenant where It occurred 10 years prior,  there was a logical explanation for it, he had the same job for many many years,  exceptional references which were legitimate and state pays entire rent.  

As Adam noted, this can only occur when distributions are done disproportionally. 

@Xiaoyan Liang @Lien Vuong1) You can use your business funds IF you own 100% of the business and it will not harm your business (You will need a CPA or letter from accountant)2) Yes we will verify you are still in the business.

Existing-home sales occurred at a seasonally-adjusted annual pace of 3.91 million, the National Association of Realtors reports.

As I read more, it occurred to me that a second strategy might be to buy a small multi-family property if I can find one (say 2-3 units) and rent out all but one - which I'd occupy.

That being said, when a vacancy occurs, after I prep, I typically leave the listing up for about 5 days and in that time I have plenty of qualified, hi quality applicants to vet.