It seems legislation effecting real estate investors is changing by the minute here in Colorado.

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Welcome to BP and thank you for your service.

There needs to be something like a tenant dating service.

With 6 roomies, and possibly a lot of turnover, (Mi cocina es la cochina de nadie)Same for the restrooms, livingroom and yard.Maybe some maid service to keep the place(s) as desirable living space.I wouldn't not expect flop house types to be big on cleaning up other roommates messes .

The loans should be for the full amount of the property value or higher. 

Check out the full article here: [Link to Business Insider article](https://www.businessinsider.com/

I’ll pay a monthly agreed upon amount to seller and have one year to pay off the full amount/find a loan.

Check out the full article here: [Link to Business Insider article](https://www.businessinsider.com/

The LLC should help you lower transaction costs since you as the LLC Manager can buy/sell property, taxes, etc by writing checks from the LLC's business account.I rolled my SDIRA from Equity Trust, no LLC (poor service, high fees) to Madison Trust w/LLC about 6 years ago.