He achieved financial independence around the age of 30 through real estate investing. 

Found some great financial podcast in which I found mention of BP.

@Ben ZimmermanNow that I look back at the 1st few years I was moved to Arizona, I realized, I actually had a friend who lived just like the story you mentioned.

Forgot to mention we are also looking to start out using the FHA 203k loan that provides funding to purchase and rehab the property.

My cousin keeps mentioning the "look back" regulation that requires transferred assets to be held for 7 years before he could liquidate them without the state "taking" everything.  

I read a few of your other posts where you mention that Turnkey providers take all the cream away from a deal before it gets to you?  

I am new to rental property investing and I do see the age of properties ranging 7- 20. if the condition of the property good, would I be able to process to pursue 20 years old one as well?

Especially being at the age of 23.

LLC would go in box 1  boxes 2 and 3 are for additional names as buyers  example husband name box 1,wife box 2  never did see 3 names but you have that option As mentioned you only need your LLC in box 1

I'm starting this discussion to document our experiences and also seek advice/insight from the BP community as we know we have a long road ahead of us before closing... and not to mention the reno!