Still need to run all of your numbers and ensure any property is a good investment if you are planning on being in this for the long haul.There are numerous posts on FHA financing and living in a portion of your first rental property.

We are considering (in no particular order) 1)title transfers to even things out, 2) sell my share of ownership of our company where he would outright own the 5 homes that are in his name & I do the same for the home in my name, 3)put 3 homes in the LLC and put the next home in my name, making it owning 2 homes each, with 3 in our company to even things out.It should be noted that I trust my life with this guy, he's my best friend & we both want whats best for each other & will be meeting with our attorney, who has a real estate background, this coming Wednesday.What would you do in my shoes?

Usually flood zone boundaries and or elevations are altered due to new construction in the area, which may be alterations to the stream upstream (i.e. building higher dikes, etc.), widening the stream below you are two such examples.

The fact of life is this, unless they make at least that much they can't afford your place.

I'd love to network with anyone in the central Indiana area.My background is I am a real estate investor with two real estate agents/ investors for parents, leading to me being around the business my whole life and learning a great deal from them.

This is all on a good tenant application (Westside rentals website has one that I altered).

The quote that I have adopted for life and business is:"You can have everything in life that you want if you are willing to help enough other people get what they want" ~Zig ZiglarP.S. my profile shows me listed as a BD, just haven't found a way to change it to wholesaler!

@Amelia Bartlett, there are numerous threads discussing the topic of title searches here on BP.

There's just so many variables: the market, your longterm goals, what other capital you have available, not to mention whatever else is going on in your life.

The need for setting up a new entity is often something new real estate investors feel they need to do, but may be premature or unnecessary, depending on where you are in life.