She’s busy as is and I perform all the real estate related items.

Thanks, HELOCs the way you want them probably structured as a DSCR do not really exist to the best of my knowledge, you can do an investment loan heloc for a super high cost, but you will be subject to a traditional conventional underwrite.

They have the typical white shaker style and then more traditional wood-look styles.

We have lived in our apartment for nearly three years without any issues, but since April, new neighbors moved in upstairs, and the noise has become unbearable.At all hours of the day and night, it sounds like constant walking, furniture screeching, and items being dropped—even until 4 a.m.

With such low rental yields, the return on investment (ROI) and cash-on-cash (CoC) return are negative when factoring in mortgage payments only, not including any other factors.In this market, it seems almost impossible to make a profit using traditional rental property investing strategies.

I inquired about the possibility of a two-company structure: A traditional LLC that is the public face of the activities (collecting rents, paying contractors, etc.) and managing the Series LLC with each property in once cell in it (in this case, Series LLC is serving as a holding role).Again, one attorney said that would be much better than a standalone LLC and that is recommended approach, and the other said it is waste of time and money since there are some requirements from Texas Real Estate Commission, which is requiring being a licensed broker in the state to operate in the managing LLC.So, just want to hear what other Texas investors are doing when it comes to series LLCs regarding these issues. 

This property can NOT be financed by FHA or a traditional conventional 30-year fixed-rate loan.

@Matthew HullIt’s the same as traditional closing.

I'm sure HUD put a specific line item (503) on the settlement statement to help people commit fraud... wtfhttps://www.hud.gov/sites/documents/1.PDF

Also the majority of those costs to covnert to a 2nd unit will need to be capitalized and depreciated, but some things (new appliances, flooring, paint, kitchen cabinets) can be shorter year assets vs. across the full 27.5 and IF it turns out that unit is > 50% you can use bonus as well on those items.