Each party shall cooperate with the other and with the qualified intermediary to accomplish such exchange and shall perform any acts and execute any and all documents reasonably necessary to assist in such exchange, provided that neither party shall be required to accept title to any property other than the Premises, expend any additional amounts of money above those amounts for which it is obligated under this contact or extend the Closing Date, and Seller’s time to close under this contract shall not be reduced."

Do people ever just want to strictly investment SFR New Constitution I was a Managing Broker who acquired  Land and smaller parcels that could be developed into small 10 Home communities as well as tear downs for custom Home Builders as well as a National Builder whose smaller division handled tear downs and  or high end Flips. 

“Ok Great,i am interested and i will like to make a purchase asap by sending a Us bank check from my bank to you via UsPS so please get back to me with your name and address state city and zipcode to send the check out. i will also handle the shipment myself through a shipping company after you have cash at hand.

In your neighborhood, you don't want to have a vacancy very long, because things can tend to 'go missing'.If one tenant has sufficient income to qualify based on your standards, but the (probably) student with no social (BTW, get a copy of their visa for your records, and proof they are a full-time student) does NOT have provable income or background, the ONLY way to go is to get first, last and security.Since you are living there, you will have a better handle on the day-to-day, and you MUST stay on top of things. 

I'm not interested in home builders as this project will be much more than they can handle. 

Is it just the way Airbnb is set up and the way they handle issues?

If I was running another option on this deal, I'd adjust the interest rate to 5.5-6%, put 20% down, include $5-6,000 in initial repair (even if that's just cleaning and painting), reduce the monthly expenses to 8%, include PMI at $100/mo and then see where that lands you.

What I'm really curious about now though, is whether or not moving the properties into an LLC in this fashion would reduce my personal number of financed properties when applying for additional loans, mostly with respect to the fannie mae reserve requirements."

I second cozy.coI’ve been using it these last few tenant cycles and it’s a great tool in many ways.1- if the tenant won’t pony up the $40 fee or take the time to do it, it’s a great indicator for me to who I’m dealing with2- I don’t have to take applications and money and I don’t feel bad for taking an app fee and not giving it to those applicants. 3- no need to collect ssn and to destroy4- Tenants can’t leave anything blank as they can with a paper app5- feels more formal and professional 6- generally the type of potential tenant I like to deal with that can use tech to communicate, which gives me a glimpse to how they’ll handle future complaints and requests. 

As far as management my office still handles it so thats why I put 8%.