Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.

But I can still use an FHA loan and then transfer the property for $1 to obtain maximum protections of an LLC with maximum leverage.They are told this can trigger due on sale clause and will still will be paying transfer taxes based on the properties assessed value + deed prep, recording and misc. title expenses.

Additionally, consider listing on other platforms like Zillow or Facebook Marketplace for more visibility.This post does not create a CPA-Client relationship.

While its possible, you will still incur the transactional costs of deed prep and pay the transfer tax in most instances equal to the assessed property value.

I have a few contacts for independent insurance brokers that can look at some different market places to get better pricing.  

We assessed the situation and told them they could give us 30 days notice and pay in full and we would let them out.   

Without being a licensed mortgage professional some of these tools would not be available or more likely at the disposal of the marketplace and the 'research' or relationships they've cultivated with statistically limited mortgage experience..even as a professional great mortgage brokers and companies are hard to find...With 65%+ of residential transactions still involving a loans, real estate professionals with expertise in real estate financing will deliver enhanced value to their clients.  

And how do you usually assess the level of risk in situations where the borrower might not have as much at stake?

Facebook Marketplace and CraigslistDon’t underestimate the potential of social media and online platforms.

Of course the listed price may not be the actual rented price, but by tracking several listings for a while you can gain a better understanding of the market.For assessing demand, go to FurnishedFinder.com/stats and you can see demand data for a given city.