You are eligible for a traditional mortgage (these offer the most advantageous rates and terms as they are backed by investors) as long as you meet the requirements below:-You have a Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN); and-You have current, verified status, which may be documented by a valid employment authorization document (EAD), or other documentation showing immigration status is current (e.g., Green Card, work visa, etc.).If you do not meet those requirements, then you will have to find someone who offers private loans.

As an aside, there is also a 30 year HELOC type of product that is for high FICO individuals, and is a first position mortgage.

The irony of the investment strategy of the average American – including those who meet the definition of an accredited investor – is that the bias toward optimizing for the downstroke and safety robs one from the benefits of individual growth and setting the stage for their future self.

I am having a hard time with this one as I see private housing gobbled up by big corporate REITs meaning the scarcity of individual home ownership will increase. 

If anyone has any suggestions on how to market or network with like minded individuals I am all ears.Thanks again.

An individual is entitled to the same deductions as an entity.You may want to consider firing him.Net Rental Taxable income = Gross Rental Income - Rental Expenses

Eugene,If the LLC is owned by an individual (and/or spouse) and it does not have any other types of operations (contracting, retail, etc) most of our markets for 1-4 family rentals will write the LLC. 

The individual who has worked for the previous "Property Manager" as his leasing agent and maintenance contact has offered to continue managing my properties. 

If anyone's home, the great room would be set to home status, but each bedroom would be set to home only when that individual tenant is at home. 

@Ben Feder it is easy in a house because the utilities are individually metered and the tenant just pays the bill directly to the utility.