, avoid heavy leverage (this removes an exit strategy if the market goes down) OR do not plan to sell (long enough to wait out a dip), ensure your rent rates are good enough that if they dip you can still cover your payments / expenses, get great managers or manage well to ensure solid tenants, and have enough money in reserve to operate in a bad scenario.There are a million ways to do everything in real estate.

That said, if it were me and I would not miss the extra 5% down, I would be locking the 4.125%, 80% LTV deal, saving on fees and avoiding PMI.

Also does anyone know that if I set it up as an LLC and donate 90% of the company's net profits that I can avoid getting taxed on the entire 90%?

Most of the problems mentioned up top could have been avoided.   

I would also like to gather knowledge of beginner mistakes that I should avoid and just expand my knowledge of real estate investing as much as I can and help establish myself and become comfortable and confident in my investments.  

What do you think of this strategy to avoid CFPB regs on qualifying tenant-buyers and still earn a good profit?

Just because our family and income grew and we no longer want to live there, doesn't mean that starter home neighborhoods should be avoided. 

I'd like to avoid major rehab.

I've discussed this with Maysim, and respect her right to post her grievance.Please note that we send two renewal notices prior to the auto-renewal of any annual subscription specifically to avoid this issue.

Graduating with a business degree may help you avoid common business mistakes; mistakes that can break you earlier on.