The 3rd party inspector also informed me that while K&T is a red flag, it's not illegal .Additional context: We like the location and upgraded all the window AC units to one central unit for one unit and mini split systems to the other two units.

I just saw a youtube video claiming that if you don"t set it up in the state of the property then you wont be able to do evict a tenant in that state with an out of town LLC. does anyone know if that is true?

Logic to me says ask for the highest amount possible so that I will at least know what I am able to obtain in lending for this transaction as well as other future deals. 

To me (and id like to hear others opinions) - the only real benefits to FHA is if you are rebuilding credit or cant obtain that extra 1.5% down (maybe high priced market).

Hello BP members, although I am not new to rental properties, I feel that there is always something new to learn & I feel strongly that this site has some of the best advice & smartest minds when it comes to investment properties.So.... here's my dilemma 2 years ago , my wife and I purchased a short term rental in Maine, beach area, steps away from the beach & the location is very good.We now know how fortunate we are that after jumping over many obstacles to obtain it, there is much value here & will  be a good investment as years pass.

Also, would a wholesaler be required to obtain these from the seller?

Any idea what type of real estate or knowledge you would like to obtain?

It makes more sense to just obtain a larger HELOC to replace the current one.

Yes this is my first Real Estate Investment but it's hard to pass on a good opportunity when you see one, and I don't think it's impossible to obtain.

I have a property.
1) lease was originally for a couple (man and woman)
2) in May 2020, man took himself out of the lease (because woman was in an abusive relationship so she states and failed a restraining order ag...