If you're buying rentals, your LLC won't initially have business credit.

So they "helped" initially because the opportunity literally would not exist for you, if not for that agent bringing the opportunity to your attention, in the scenario you just described.Once you've closed a half dozen transactions and are finding opportunity on your own, by contrast, you just might not need an agent - those people are 100% out there and are typically great to work with.

Requiring 63 months for an investor to get his initial down payment back, plus chipping away a bit of the mortgage, and possible appreciation?

Requiring 63 months for an investor to get his initial down payment back, plus chipping away a bit of the mortgage, and possible appreciation?

It's 25k above what I originally wanted to offer but the numbers still make sense so I was willing to step above that because it's cash flowing currently.

Don't rationalize any numbers, or use anything other than cash (i.e. equity, appreciated gain, tax deductions, ...) since those other items are NOT CASH.3 - If you have a negative number, that means you get more cash back in your deal, within the first year, than you spent (so in this case...used)...and you have a winner.4 - If you have a positive number, that means you have spent money to buy this property...your money.5 - If you fall into the #3 category, you have recovered all your initial cash (seed money).  

If so, what happens when a due on sales clause is initiated by the bank?

Ive done a lot of reading and listening to podcast and finally wanted to introduce myself and take the step of becoming an active member in the community.

You’ve taken a great first step in real estate investment.

You can not control every step a tenant takes, however, your bestvstrategy is to protect yourself by plugging in verbiage into your lease agreement that states that tenant is required to use the vent hood when cooking and failure to do so which causes damage such as smell in drywall, discooratiins, etc will result in thetenants security deposit being forefieted.