It may be a child, aunt, cousin but she has always found somebody for me.

Your goals and story: This is a BRRRR Deal.Type of property: Single family homeLocation of property: Atlanta, GAPurpose of financing: rate/term refinanceType of financing sought: Fannie/Freddie Current or prior ownership of real estate: Currently own one Triplex, one SFR and closing two next week.Occupancy: investment with traditional long term leasesValue of property at present and/or your offer price: $ 100KAfter repair value: $150K (without any work)Anticipated or actual appraisal issues: anticipatedCurrent rents per month: $850Fair market rents per month: $1100Down payment or equity: ~30%Source of down payment funds, if applicable: forced equityIncome Source: Salaried/hourly W2Gross monthly income (optional): Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $FICO: ExcellentCredit issues: None

Occupancy: investment with traditional long term leasesValue of property at present and/or your offer price: $ 100KAfter repair value: $150K (without any work)Anticipated or actual appraisal issues: anticipatedCurrent rents per month: $850Fair market rents per month: $1100Down payment or equity: ~30%Source of down payment funds, if applicable: forced equityIncome Source: Salaried/hourly W2Gross monthly income (optional): Monthly debt obligations appearing on credit report, plus (if applicable) personal rent and alimony/child support/etc: $FICO: ExcellentCredit issues: None

People with serious allergies don't build a new house without consideration of what they are allergic to (i have a family member with this issue). 

(Plus you'll have folks with dementia flushing things they shouldnt etc - while on that subject - we update our electrical outlets as we go room to room with the child proof tamper resistant ones - a resident sticking something in the outlet they shouldnt is what prompted that update -- that happened about 6 mos or so I think after I bought the business - they cost a bit more than standard contractor grade but to me it's worth the added protection and if anything ever did happen - you can truly say you did about all you possibly could)

My strategy is to buy this property and lease it for the next 10-15 years, where I will sell it and take the cash to provide it as college funds for my oldest child. 

@Justin Elliott - Thanks for the welcome and congrats on the 3rd child!

St Petersburg Municode siteChan SrinivasaCity ClerkResidential uses means, for the purpose of these regulations, single‐family, child foster home, community residential home, garage apartment,duplex, multifamily, town house, boarding and rooming house, domiciliary and retirement home, and nursing home, which are available foroccupancy on no less than a monthly basis, or for less than a monthly basis three or fewer times in any consecutive 365‐day period.

Why couldn't you use the parent of the Series LLC as the holding, with each series child as the separate entities for each property?

We are in the process of upgrading our fences to 7' iron with spikes, as chainlink is child's play to cut and enter.