Not only are you creating a lot more work for yourself but you’ll also need to pay to open and maintain those LLCs to your state and CPAs will typically charge extra for an entity tax return.

Lyft, Postmates, Grubhub, etc. and earn that extra money and pay everything off instead of BKing.

Leading up to purchasing my last house I paid it off weekly.  ...I don’t know if that even mattered but it satisfied a concern I had and didn’t cost me anything extra other than a few seconds of time. 

Will you have permitting issues? 

When I started at a large public firm, those who had their masters were not any better or worse at the job (and we all got paid the same).If you're close to the 150, I would just take a few extra business-related classes and avoid the tuition of a masters/MBA.If I wasn't close to the requirement and had to pursue an advanced degree, I would do the MBA 100% no questions asked (if the prices are similar).

Yes the numbers were right, but what did end up happening was the unfinished basement turned out to have too low of ceilings to obtain permit.

Would it make sense for me to buy the house now with traditional financing, but pay extra to the mortgage equivalent to what I would be paying to rent an apartment while I am here and then refinance so the property will cash flow when I rent it out after I leave?

Construction starts have gone up steadily the last years, we are back in the 1.2 million range, with even more permits pulled as a leading indicator for further gains. 

(Not a live in flip) He also was wondering if he should refi his house, pull 75k out, pay the vehicles off and put the rest down on a new house. rent the original house out and take that money to pay the refi mortgage, the rent would cover the mortgage plus an extra 150 per month ..I’ve been telling him about refining his house and use that towards a BRRRR or some other real estate investing.

But she also has a roommate that cannot afford to pay the rent herself, even if I made her liable for the extra month, she wouldn't be able to pay the full rent.