I did not know that triplex/fourplex would require self-sufficiency test.

Many options only require a soft credit pull, and depending on factors like location, experience, and credit score, lenders can offer leverage of 85-90% of the purchase price plus 100% of the rehab funds.

You have earned income within Georgia and will be responsible for paying state taxes on the income earned within the state.It may also be possible that when you sell the property, that the title company will require withholding done at the time of closing and remit it to the state which you can claim as withholding / tax payment when you file you Georgia non-resident state tax return.Best of luck.

Managing the $40,000 renovation budget required careful oversight to ensure timely completion.

Typically in California, a Will alone is not sufficient to avoid probate - which is a pain, time consuming, and very expensive. 

Depending on if you use a DACR loan or other alternative financing the LLC might be required.

Keeping your payment in the range of rents (allowing for expenses a homeowner will pay and a tenant doesn't) tends to keep owner-occupants on track.Your attorney or an attorney-owned title company can create the docs and manage the closing.

For the guy who quit his job to help his mom....does his partner have the income required to meet your criteria to rent? 

@Hunter PurnellThere are some pairs on BP about banks giving LOC to investment properties but not moneyPrivate lender would consider it but be expensive $.

First - You will have other expenses ontop of your mortgage payment.