Welcome to BP Chabeli,These forums are a great place to learn and meet people, whether you're just starting out or you're a seasoned investor.

You could always ask the Termador people what they think about that question.Good Luck!

In this environment how are people doing the deals?

Let's say he was enrolled in college or just graduated - Nathan not sure if you know this but you do realize college is credit for employment and covers the gap.

Thanks for Sharing @Garfield M. so many people still have no idea the map is still in effect.

This older home has older ceiling fans in the bedrooms.I'm planning to replace all the fans with LED light but wanted to hear peoples experiences on this.My thoughts are, ceiling fans are another object in a rental that break a lot, they get dusty and gross, and these don't provide much light to the rooms.

I respect that you are doing it with kids, too many people use that as an excuse.

Needing only 5% down rather than 20% will help many people looking in this space.

I am no banker and there are people here that will certainly address your question better than I... but it appears you are blending real property and personal property and trying to bundle together into an LLC. 

People are willing to pay the high interest rate because they expect to pay off the loan quickly.If you own the home outright, you would go to a traditional bank to cash out the equity.