.- remember that you'll be paying all utilities if you rent by the room, so factor that into what you charge for rent, and consider using remotely-controlled nest thermostats so they can't jack the heat up beyond what any normal person would pay for (if you're in a cold area). the same could be said for a home with central air in a warmer climate.- consider baking into the rest biweekly housekeeping, so that you know that the property is being kept up with (prevents pest issues), and you won't have to deal with any quarrels over who's cleaning the common areas more than who.- always have the parents co-sign the lease.- make a manual for them. what would your own kids be calling you about when they first move out on their own?

Let me know if you would like me to connect you to some lenders up here.As for owner financing, at the end of the day the owner sets the terms he wants, but as was laid out above, there may always be a way to find common ground to make it work.

Welcome to the site @Kristen Bahbahani It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsBest of luck!

This introduction sets the stage, explaining the magnitude of the situation and its potential impacts on the market.

I executed my approval on the Commitment Letter and returned it to them to set up Closing.

At least not without setting up loans between the llcs.

If you go to meetups now, build relationships, and get your license (you don't have to wait until you graduate), you will have a good framework set up.

I recently met with an attorney to set up an LLC for my rental in florida, but he told me that there is no need to have an operating agreement since we only have 2 members.

I don't have any specific goals set yet.