I've been told that an LLC is the way to go, so that we can protect ourselves as individuals if something happens in the rental(s), and also to get the best tax benefits.

Unions killed the golden goose by pushing for pension and benefit packages that were unsustainable and weak politicians gave in when their coffers were full.

Aside from the more lenient standards and lower interest rate, what could be some additional benefits of an FHA mortgage?

Small apartment complexes may benefit some, but I guess it remains to be seen how things play out with the rules.

To approve a short sale the lender will require the seller to affirm they're not receiving any benefit from the sale.

It is important to know how they work and what their benefits/drawbacks are, then use them strategically when the circumstances are right.Sure sellers balk at Options, for a number of reasons.

Item 3 isn't a prohibited transaction, but it is a contribution.1 and 2 clearly are because the qualified plan (Agent John's plan, I assume) is doing a transaction that personally benefits John.

Bill Gulley So if the quit claim goes through, I can still obtain title coverage, and that would effectively confer on me the same benefits as a warranty deed (grant deed here in CA) would have?

The right choice is perhaps dictated by whether you want the benefits of current return or want to bet on future value.

It won't benefit me at all to have more grass for my tenants to cut, have my property taxes increase, and have to move a fence.