You're making this very complicated and limiting your options for financing substantially for what is probably very little benefit.

land loans are the toughest to get in any scenario... and if someone is starting out.. with limited capital and experience then like @Chris Martin  total waste of time.. the only way to do the deals is with owner carry back.. 

Hi,Was offered an opportunity to invest as a Limited Partner in a syndication and I'm looking for a SEC attorney in NJ who could advise me on the PPM offered.If anyone has used someone in the past and can recommend, it would be greatly appreciated.Sincerely, Manuel 

Paid off the tax lien 12 minutes before they closed the day of the limit.

But if they are seeking to hold a property for any length of time and want their cash investment back there are some important rules to understand with conventional loan:If you buy a property with cash (or with a HELOC) you can receive a cash out loan on Day 1.There is not a 6 month waiting period with receiving a cash out loan if you purchased a home with cash or with a HELOCBUT you will be limited to the amount of....Your purchase price + closing costs (costs when you purchased the home)OR75% of the “After Repair Value”...WHICHEVER IS THE LOWER AMOUNT (super important)These rules are important to understand so here are two examples:Example 1: If you purchased a home with $50k of cash, and put $30k of renovations into the loan, and the home was worth $100k. 75% is $75k and $50k is your purchaseprice.

LLCs do provide protection, but if you personally manage they are of limited help. 

I'm looking to leverage the benefits of house hacking (more leverage, better interest rates), unless it's really wiser to put my limited money in another market in an investor loan. 

@Paul DeSilva:@John Leavelle and @Anthony Gayden (above) are both correct.Unless you have more than 10 residential mortgages, or the properties are above the jumbo mortgage limits or you're trying to finance the the properties with the LLC intact, then they should qualify for conventional residential FNMA loans.For the LLC situation: my strategy is to close the loan under my personal name (no LLC), then after a few months of "seasoning" to establish on-time payment, notify the lender that I plan to drop the property into an LLC strictly for asset protection purposes.Many seasoned pros will tell you that you don't even have to notify the lender that you plan to do so, but will warn that doing so runs the ever-so-slight risk that they may actually call the entire loan due immediately.

Is that risky from a liability standpoint where I can be personally be liable if a suit arises for any reason?

Putting an age limits on pets sounds like a good idea but impossible to enforce