Tidbits of what we know:It sounds like 3 program participants would stay here (potentially alone without supervision, and plus we don't know the participants yet).The participants have a highly structured day where they would leave early in the mornings (the business states that they're focused on keeping these participants very active and doing things).The business also said that the house is kept very clean, as the state can do a surprise inspection at any time.Perhaps my first question is to Jorge from the OP - did you end up renting to the company?

Hello all - I'm an entrepreneur and my business should make some millions this year. I'm deploying some in stocks, some oil, some crypto.. and want exposure to RE. I'm busy running my business and don't have time/ des...

What are some of the considerations or pitfalls to this strategy where we would start renting a single family residence out, then convert to our primary residence after ~5 years.

On the other hand, FLIP, that's where you make your money.

Where can I go to borrow money to give the contractor in order to get the project started?

Regardless of where you live, Texas allows the formation of this type of LLC by a single member.2.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

You could negotiated a limited term where they MUST refinance & pay off the loan. 

I see too many times where investors treat bad properties like many women treat bad men. 

There is a forum post with a million responses that they talked about on the main BP podcast and that's where this forum post came from.