Ideally the lender prefers 1:1 ratio or better in order to get better terms.

Considering doing this myself nowAlways preferred renting due to flexibility but I'm recently warming up to "House Hacking" haha

I am not a contractor but i know a couple that build for me at a reasonable rate. 

Hi @Andrew Hinspater,I have been setting up my last couple LLCs in Wyoming.

Typically a lender wants to see a couple years of documented employment/income history. 

I would make sure to get a local person that can visit your property when needed.Someone that is insured and preferably licensed.Also make sure they have plenty of experience. 

I've done a few dozen flips, a couple spec builds, bought and sold 3 short term rentals, bought and sold 2 long term rentals, and bought and sold a few commercial deals.I love what I do but the lately I've been craving adding something else to my plate that is more service based (but still related to real estate).

That’s basically giving up another property after a couple deals. 

That scenario does not apply in cheaper markets where McD would prefer to own the dirt.

This, coupled with the ADP data is giving traders reason to bet that Friday's Non-Farm Payrolls will be better than expected and potentially give the Fed enough data to start tapering on Sept 18th.