They should have excellent negotiation skills, know how to solve problems and get through transaction challenges like a jedi master.  10.

The good news is that you most likely are going to use an attorney to close the deal.

LLCs are excellent asset protection tools that have their place.Now YOU can argue that in YOUR specific situation, YOU decided that you can live with the risks of using only an umbrella policy.

Both of us together have no problem affording the new build but separately we can not even with our excellent credit. 

The Portfolio: Five multi-families (All 3 units, excellent tenants, excellent locations, well-kept).

The Portfolio: Five multi-families (All 3 units, excellenttenants, excellent locations, well-kept).

Today I just received the news that my debt-to-income ratio is just over 40%, therefore the bank is unwilling to provide a HELOC.

While making it livable is obviously necessary, maybe a few things that could be added to keep appeal in mind- basically putting you in line with area comps/level of finish.Good news is that there are a few updates that can be pretty inexpensive like paint and carpet- although carpet isn't usually a go to in recommendation for a rental , but I realize that laminate is more costly. 

Our bids never got accepted on the 10 properties we liked (even when we were the highest bidder with 20% down and excellent credit!!).

Excellent information.