All of those questions are answered in David Greene's book "BRRRR: Buy, Rehab, Rent, Refinance, Repeat" To answer all of them here would be redundant, not helpful, inadequate and unorganized. 

So after all is said and done you're paying a higher rate which would greatly affect your ROI.

Our goals include providing education to our members, providing professional networking, and monitoring the political and legislative environment as it affects the real estate investment business.

I'm curious what Flippers, BRRR buyers think of it and if it will affect your business at all??

For this first investment I plan on living in and updating a single family home and then moving out and turning it into my first rental property, and then repeating. 

Some lenders including agency lenders will require the property to be placed in a separate LLC so no other assets or entities or personal legal issues can affect the asset.

Each island has there own rules on it, lot size and zoning can also affect the number of ADU you are allowed here in Maui county.

And repeat   

@Kevin Moyer One factor that may or may not affect your decision is that the PAR lease is approved by the Pa State Attorney General Office as being "Plain Language" as defined by the Pa.

Someone please correct me if I'm wrong, but...Whether the property has one, two, or ten liens does not affect whether there is a gain or loss when the property is sold.