In the process of setting up management we have encountered a question involving our LLC and 1099s. 

From what I've encountered, typically 5% down gets you a conventional loan with PMI.

This is what I am encountering, in the current Mortgage Industry.

Many times I encountered people who would see the home I lived in or the car I drove and wondered what business I was in.  

I've encountered situations where a property owner will include their primary residence in their POA but will leave out the one I want to buy.

I will make a post asking on here if anyone has had any positive or negative encounters with you, It is very important to me to have a good reputation, If I work with someone with a poor reputation it would also ruin my own and bad reputation = less revenue, I am almost 30 years old and my life needs to make a change and I need to finally start a career I am sick of being in dead end ware houses no matter the title you have, There is no money in it.

I am really unsure how this would be figured and want to be sure that I get it right as the pre-conversion cash flow has a thin margin where as after conversion it would cash flow quite nicely.If anyone has used this strategy I'd appreciate learning about how this worked out for you and what challenges you may have encountered in the process.Any help the community could provide me in working through this would be greatly appreciated

Once you get around 6-8 rentals you start to better feel the "portfolio effect" - cash flow thrown off by the portfolio is (in most cases) enough to cover the occasional heavier repairs you may encounter and, absent repairs, you will more quickly be able to acquire the next house. 

,I have been studying nonstop about wholesaling & I have encountered 2 major problems!

,I have been studying nonstop about wholesaling & I have encountered 2 major problems!