The element of accident, occurrence, or however you want to characterize a loss that triggers coverage to respond, is missing. 

I'm sure that happens all over but being a local here, I figured I'd give you a warning.Since your markets are all right in the same area you should certainly spend some time on the ground here and hit the streets yourself before you come close to pulling the trigger on something. 

I am ready to pull the trigger on my first deal - nice 3br-1b Cape.

Goal is to keep buying so hence my question then is how do I buy my 2nd MF when I dry up all the resources in the 1st one.  

Ok, so I am ready to pull the trigger wholesaling.

The MLS deals have pretty much all dried up as far as I can tell, so I'd suggest finding an experienced wholesaler to work with.

No personal guarantees allowed.2) Financing triggers UDFI (unrelated business debt financed income).  

Newer and dry seemed impossible, in our price range, anyway.  

." - Kudos Don, once again.If the interpretation of this was cut and dry, there would be no debate now would there?  

The question that has now arisen is how can she purchase as an owner/occupant AND then hold the property under her current LLC without triggering a possible due on sale clause from a quit claim transaction?