Plan: buy a house with 3 floors, make three unit apartments out of them and park an RV in the back to live in myself.

I have one single family home, one commercial apartment building and the other three are multi-family homes.

@Rob Nichols, here is my suggestion for your counter-proposal:You get 65% of the rents and three fifths of the property value, because YOUR sources are providing two thirds of the funding required!

If there's enough equity, can I wholesale a home where the homeowner is behind three payments (no notice of foreclosure yet)?

Additional costs and magnified frustration with lenders’ requirements compete with the near-impossibility of having the required buyers’ walk-through of an empty house three days prior to their closing on it.I can only assume the new 3-day rule was set by somebody who has not participated in many residential closings.

Once you have a portfolio, THEN the cost and effort to maintain an LLC *may* be worth the effort.Be advised, it's $800/yr to keep an LLC in Calif AND the list of members must be filed annually.All the seminars taught the legal entity stuff (usually due to the vested interest in 'helping you') but IMO a good landlord insurance policy + an umbrella policy is sufficient for "well behaved owners".

I am on a bit of a time crunch because I believe it takes three weeks to get it set up and I'm supposed to close at the end of January.

Three months on the market (if it doesn't go longer) is going to eat into it.

I saw this happen once on my bank website, but evidently this happened three times, twice before it got to me.

how can i get porbate leads online in these three county broward,wpb,and tampa FL?