You can remodel a nice home much cheaper that a duplex, get better tenants, better appreciation and MUCH less work.

After the 12 months payments above you qualify for the exception so you're back to regular/normal LTV's which depends on your occupancy  - second home/primary/investment - it all varies. 

We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective.

Now comparing a C class home with a B class of course the C class will have a higher repair factor but that is across the board no matter who the tenant is.

The only people I knew who owned a home were my grandparents, who were first generation full Italians.

In my head I'd want to buy a property cash or creative terms with a private money partner for the home and maybe a 2nd partner for the furnishing and start-up funding.

We rented a home to three adult brothers just over a year ago and just signed the lease renewal. 

I will be renting out the home to an individual who will be sub-letting the home to an Assisted Living Facility.

As I'm just get started, does anyone have any tips or recommendations on where to start looking for potential properties to team up with? 

Investment Info:Single-family residence other investment in Los AngelesGilmore Homes - Gilmore Loans, LLC is launching its affordable housing model soon, the MG 599 Modern Model.