Now you have established the "original tenants" and those original tenants are the ones on rent-control.  

It might pay to establish rapport with Loan Officer/s).I've heard tell of Lenders who will give less than $50k investment mortgages.

As above mentioned, I am currently the foreman for an small, but established Home Builder and Remodeler, and have been honing my skills and knowledge for the past year, and mustering up the courage to start my own remodeling and home improvement business.

These are more established areas, being mostly developed in the 1980s-2000s, rather than Wesley Chapel and Riverview where all the big developers are building.

Establish an account and get discounts, plus added value service.

Reg. 1.280A-1(c)(2), which excepts from the definition of dwelling unit any portion of a unit used exclusively as a hotel, motel, inn, or similar establishment, seems to apply to the situation where a part of the primary residence is rented out.

Purchase price: $129,000 Cash invested: $30,000 Sale price: $229,000 Single family 3/2 turned 3/3 with MIL unitPurchased from a wholesalerCash for keys strategy deployed to establish vacancy What made you interested in investing in this type of deal?

The premise of establishing an LLC for a partnership is sound, but I don't see any benefit for appearing 'legit' to a lender.  

In other words, appraiser and banks like to see some time go by between the time you buy and the new value is established.

Once you've established relationships with your various contractors, they will follow you anywhere.Here's to your success!