If one of your tenants gets bit by a dog, falls off a ladder, etc. and they have a bunch of medical bills they can't afford, they almost have no choice but to sue whoever they can to get the money. 

I’ve done it before with other lenders and don’t mind the “extra work”.Are there any known lenders out there who have a similar rate for condos currently and can work off of P&Ls and leases?

Consider off-market properties through direct mail campaigns, driving for dollars, and working with wholesalers.

I have spent a lot of education and it has paid off many times over. 

(My plan is to consolidate that debt and pay off loc within 18 months, then potentially use it as down payment on another building)I’m feeling a little stuck and looking for some advice.

Deal #1 - off market property with studio ADU (kitchenette has a sink only, no fridge or oven).

It would run off my property's well water. 

@Casey HamptonI keep seeing a guy named Tom Cruz (not the actor Tom Cruise LOL) popping up on social media promoting his Section 8 course.

HI Stephanie,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.

This is our first time renting out our home on Furnished Finder/AirBnB so we would appreciate getting off to a solid start with the proper lease and ownership structure such as a new LLC for the property.