In addition, for investors to invest into the development via an OZ Fund, it will also require a separate OZ Fund. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

One spouse per loan is always the best, if at all possible, if the goal is to be able to continue to qualify the household for as many mortgages as possible.Extreme example not directly related to your question...Jeopardy answer: Put the PRIMARY RESIDENCE loan and title in just her name, you sign a lease with her, your rent is $100/mo, paid via check once a month from an account with just your name on it, to an account with just her name on it.Jeopardy question: "What is the way to get a FNMA loan on a cashflow positive rental property with no job or income other than the rent coming in from that property?"

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

@Kyle Curtin I'm speaking from a completely different market prospective (OKC is VERY insulated to recession so holding rent rates and property value through even a steep economic downturn is pretty safe to bet on) but if I had to choose between building equity myself via a SFH owner ocupant mortgage or not building equity at all via renting or utilizing a tenant to help pay down my mortgage,  I would absolutely utilize a tenant.

@Sean Mcintire What your are referring to is hypothecation and is unavailable via traditional avenues; banks, credit unions, etc.  

Unit 2 - 3/2 with older disabled lady, 20 something daughter lives with her. small lap dog as well. shes paying 889 a month. resident for 12 years. pays on time. nice and unit is well kept and clean. daughter and dog not on lease. month to month lease. fixed income. uses a walker. mentally sharp. havent seen credit or BG yet.Rental Comps are 1200 to 1400 a month. both units are well under market rents.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

You take the money out via the conventional refi and loan it to me at 1% more than your conventional terms.  

Once the she eliminated the disruptive inmates (she inherited), managing it via social media & Venmo became the norm, (she also travels a lot with her real JOB).