The lawyer they interviewed was a Texan, but I'm sure the principles apply the same here even if the nuances and technicalities differ.I will observe that many of the more extreme asset protection strategies described by the lawyer will not work if your buy and hold properties are financed using traditional mortgage financing.

At best if you financially qualify for a conventional loan from a traditional lender,you can get an FHA loan with 3.5 percent down if you live in it with the tenants.You will need a good job and good credit with sufficient income to qualify for that loan.Otherwise,you're looking at hard money loans with 20%or 30% down and several points upfront and a higher interest rate around 7% for a minimum of two years before you can refinance to prove you can manage the loans and make payments without problems.That's how professional investors do it normally.

Not my first choice of areas, but we wanted to get the ball rolling as we've been actively looking since November.

They occasionally put traditional sales on there but 99% are foreclosures.

I'm now looking to get involved more deeply in the investing side -  through buying and holding, and at some point flipping - focusing on helping those who may not be able to purchase a home through traditional methods still realize the dream of home ownership.  

Success is a process, failure is a choice

Wise choice joining BP.

I'd love to hear your reason behind your choice.

If you do have the cash, then a traditional loan might be a better option for you.It really depends on your objectives.  

When it comes to fence choice, the cars will be parked outside the fence.