If it's just you, no partners, buying rentals with residential loans and little equity, probably you should concentrate on growing that first and getting some equity before you worry about LLCs, business accounts and asset protection.

Either way, I'll tip my cap to him based on the little knowledge I have of deal.  

I’ll let ok into this further and see what is best!

So if you guys are interested in knowing more, I'll keep you updated on new info. 

@Carl Fischer great to know, I'll definitely not be calling the agent who does my family's insurance.

Thankyou Andre for the post I called NFCU to see about a pre approval so once all that is done I’ll call my loan officer to see what we can do.

@lucas Carl & @Avery Carl I'll be getting in touch thank you 

When taking back REO's from foreclosure, I'll rehab the property, sell it on owner finance, then bring in an investment partner to cash out the all in costs and split the cashflow and subsequent note resale. 

I'll be 60k invested after rehab and can sell the home for around 90k.I would prefer to live in the home and house hack to pay for taxes and insurance.

My concern is that tenants will refuse to leave, and I'll have an expensive eviction process on my hands.