Plus danger beware..never pay any money up front................these are scammers 

Your Comment: "Because it is so difficult many choose not to jump through the hoops to do"That is a "difference without a distinction".

Money is dangerous with a financially uneducated mind.

That is a distinction I could understand, but then I'd be on the hunt for where that is spelled out by the IRS, tax court, or other pronouncement.In any event, I appreciate you reading my post and responding. 

They normally know just enough to be dangerous and get you into trouble vs really teaching you how to make money.You might be close enough to look at AZ as well. 

Thanks everyone for the input.I get the point, and am surprised that you all agree the average tenant won't appreciate having a place without dangerous levels of radon, or water without nasty chemicals.

Jamie its up to the company  the reason most want you to own it in an LLC is to make the distinction between owner occuppied / purpose  and investor / investment purpose.. there is different disclosures and laws relating to them depending on title.

In my personal opinion, I feel it's dangerous; as you are dealing with sensitive homeowners.

How would she have felt about inaccurate water bills, sketchy maintenance, dangerous road conditions, and the continued threats that drove us all to sleepless nights?

Locally, I can add tremendous value in buying a rental and thus can do it no-money out of my pocket and no-credit used.The example I am speaking about also shows the dangers of buying raw land if you don't know what you are doing.