Also you have to pick which exit strategy you would like to use i.e. flips, buy and hold, notes, creative finance, etc... and talk to an attorney to make sure you are incorporated in a way that is beneficial to your strategy.

It's no fault to the builders, efficiency is not yet a market driver, so they have not incorporated it into their product.The only highly efficient homes around here (2-Passivhaus and a handful of millennial homes) were custom builds and higher end - with the exception of the new Habitat home.

I plant to post some helpful instructions and guide lines that should help you guys who want to establish business credit to do so..this is the first..please forgive me if i leave out anything and feel free to ask questions...Setting THings UpOk.So now that i am at the point that i want to establish business credit and i realized that my current business won’t work i had to set up a new business and ensure that everything it set up correctly for the credit building to run smoothly..first you want to incorporate.

I am in no way an expert in all the laws being incorporated right, my thoughts were exactly what you referred to as replacing a tenant because of end of lease vs lack of payment, which again not being an expert in new laws, might be a loophole giving us the landlord a little of the power back on our investments.

For the most part, I've been focusing on learning about this market, Incorporating and Raising some capital during the last couple months and I would say the process is going pretty well.

However, possibly down the road I will incorporate.

All the hour, 2 hour long youtube videos are informative, but still don't give out 100% of the information as they are just one long teaser for some guru promotion.Also, would it be profitable and wise to incorporate yourself a profit in the backend of the L/O as well, as is done in a sandwich lease option, where you get paid when the option to buy is exercised at the end of the lease, or is it much wiser, less liability, and outweighs the risks to just collect your option assignment fee in the beginning and move on.Thanks

I'm thinking If I can rent both rooms out it might make sense to incorporate as an LLC ($800/year) that way I can protect my assets and establish credit for when I buy my first rental property.

Given your description and the number of moving parts you might wish to consider using conceptboard.com Its a white board app that allows for the incorporation of documents, images, text, and drawings.

I worked in corporate sales and marketing environments most of my career and decided it was time to start a business to really live the American dream.