I plan to not live in it, strictly for investment income.

We qualify for VA but the home in its current condition although no major repairs needed, would not meet VAs strict guidelines so it makes sense to grab, fix up and refinance ourselves rather than keep subject to for a long period.

Unlikely but it is possible a judge will strictly follow the law.

Of course you are still limited to the number of deals allowed and doing this time and again would then constitute that "any method or scheme" issue.The only way to avoid these Acts is to qualify for the allowed exemptions, but if you're in the business of RE, expect anything you do to be exempt to be examined as any ploy as a business and not strictly a personal transaction.Folks would have less brain damage just complying with the law instead of trying to out smart regulators.This is the way things work in reality.

Think of it this way if you were a contractor -- would you rather have to spend a bunch of time trying to market to homeowners to get a one-off job here and there for a little extra money or work with investors who will give you routine work week after week?

Tenant agrees to perform routine cleaning throughout the leased premises on a regular basis.

The stipulated agreement is quite strict, and all she has to do is miss or be late on one payment.

Justin,Strictly from the investment perspective of your question, if you can have your mortgage paid by tenants and get into the house with 3.5% down, you're leveraging your initial cash investment more effectively - you're controlling a $100k investment for a $3500 outlay vs. a $20k investment for the same upfront cost - and someone else is paying all or most of the ongoing expenses.But, this assumes all other things being equal.

Sure, finance and investment banking have some math, but isn't that something a business major gets as part of their routine education, why do they even need a Math major?

We have one rental right now were about to refinance that is strictly in her name.