Kilz original 2 coats on dark wood paneling (probably unnecessary but I wasn't sure how much the color would bleed through. 1 to 2 coats of paint. $70 ozone machine from Amazon.

One LLC is likely fine (many go without LLCs altogether) and more can be added as asset quantity and/or liability increases.

I have also been creating a chart to show that property value is increasing and home ownership is increasing.

From what I'm hearing from local note investors, many of them focus on NPN acquired directly from hedge funds given the steady increase in foreclosures. 

It is not a fixed lease in that he pays whether it is rented or not, but that he takes 10% of the rent and future increases (n lease up fees). 

Basically if 75% of the rent can cover PITI it shouldn't increase your debt to income ratio. 

Some of those include tax write-offs and increased return on your investment.

@Ashish AcharyaYes we will contact an attorney, I have some rentals now and am looking to increase my portfolio.

Over time, the interest portion decreases as the loan balance decreases, and the amount applied to principal increases so that the loan is paid off (amortized) in the specified time.amortization scheduleA table which shows how much of each payment will be applied toward principal and how much toward interest over the life of the loan.

We figure we'll at least get close and we added a clause in the lease stating rent increases will happen annually with increased utility bills.