They suggested that I take the steps towards acquiring my first primary residence now because it could pay off in the near future.

If you're expecting guests to visit and pay for the privilege, it's best if it's in a location that you personally would visit or an attractive destination. 3.

ConsMore complex setup - lawyers and regulations can be a mazeLess flexibility - the structure is more set in stoneHigher costs - gotta pay fees to keep things running smoothlyMy Take:Sounds like syndication might be a better fit.

I like military bases to be near by and look at what the gov’t pays for rents, which is how I set my goals for my monthly payment on the houses I buy.

That does not mean that pay stubs and tax returns are the only way to prove ATR fir example bank statement loans for the self employed is a method to verify ATR. 

Test and refine your communication plan—it pays off!

My client intends to pay off the principal, interest, fees... all at the close of escrow.

So, they will be paying that. e) How are you claiming deception when they have clearly they deceived you?

My original plan was to update and flip it , pay off the heloc and use the profits toward buying my first rental.

We are choosing new build because A) our family 4 has a certain size demand B)  the price-quality ratio doesn't seem to make sense when considering a preexisting home C) with interest rates being at near 8% with preexisting homes, builders are offering 5.99% interest rates and the exact home we are looking at is about $75K discounted because it's a spec home and the builder doesn't want to pay taxes on it.So, live in it for 5-6 years hopefully rent it out with a fully finished basement for potentially $4,200 in 5-6 years.