Just a different biz model.I'm not sure the benefit of sliding money under the table to tenants.

Will this benefit me in getting a approved easier or will the bank not whether or not there is tenants already in place?

Can you help me understand the tax benefits?

I've never dealt with a bank that is fast about anything (other than charging silly fees on my personal accounts), so I wouldn't expect them to jump on your interest in the property regardless of how it would benefit them.The good thing about real estate investing is that there is always another deal around the corner.

You do have to consider cost versus benefit more than ever these days with tuition rising and student loans being nondischargeable debt, but if you're able to get grants, scholarships, etc., it's worth it.

Many businesses don't have that little benefit.

Are their benefits or disadvantages to doing this?

I think with your strategy you would greatly benefit from getting your license so you can search the MLS yourself and write your own offers, so you can work on your time and maybe win more properties.Also, just a tip, when mentioning or replying to someone, if you use "@" their name, it will alert them that they've been mentioned in a post.Keep up the good work.

So no benefit of leverage.So maybe you want to jump up to the $50-60k list-price homes, where you'll be all in for $60-70k and rent for $950/mth in a nicer area, amounting to around 1.5%/mth.

Networking is key in this business, don’t look at your competitors as competition, look at them as strategic business partners and leverage that relationship to benefit both of you.