We changed our plans when it proved to be a successful rental.

The market has definitely changed a bit in some areas over the past 9 months.I vote for LTR as well.

Do not try to do it yourself as most borrowers do not do as an underwriter will and they short change themselves.

If they are not aware of the sale, there may be issues when they see the named insured has changed to you or the LLC.If the old owner still has title, you may need two policies.  

If you commit to it and pursue it it will change your life! 

Carlos,When you change the title vesting on your investment property from owner/personal to LLC it is easy and quick. 

Not much has changed.

I just wrote up a deep-dive on my 3rd ever rental property I bought in Detroit.

@Mike Calvey so where to start. 1) Colorado laws have changed and there are strict requirements that must be followed with severe consequences ($$$$) if you don't.

Focus on these core concepts:Projected hold timeProjected cash-on-cash returnsProjected profits at the sale Projected Hold Time: ~5 YearsProjected hold time, perhaps the easiest concept, is the number of years we would hold the asset before selling it.