The call has gone out dozens of times for anyone on BP to tell a story about how having an LLC saved them.

As mentioned above, calling numbers on the Do Not Call (DNC) list is risky, but at the end of the day, enforcement is quite challenging.What you REALLY NEED TO WATCH OUT FOR ARE - litigators.

It appears there are less banks/lenders out there doing lines of credits on a rental property vs primary home.

Instead, they seem focused on making use of it for as long as they can, trying to extract as much benefit as possible before the opportunity runs out.

If you purchase the house cash without handling these issues then you will have the same issue to deal with later when you want to refinance or sell and title insurance is needed. 4.

Thank you so much to everyone that helps out! 

As far as financing the rehab, this will have either to be cash out of pocket or will need to come from your private lender.

@Jonathan Greene thanks for that shout out! 

They were all non performing - many renovation loans where little reno was done and maturity date already passed - guessing it was inexperienced borrowers learning how to flip and were getting "easy" money. ya they took me out of about 14 of my deals and well being that I was getting paid it was not my place to coach them they made loans far in excess of my positions. 

Quote from @Matthew Kwan: Indeed, you can definitely househack in a multifamily by living one unit and renting out the other vacant units.