Personally, I've never bought this way, but I have sold using this method.

Unnamed person may not be held legally or financially liable for damages and/or unpaid rent in landlord/tenant court.

It will be life changing.

After that it becomes very personal depending on investors goals, abilities, interests, etc. 

Yes, I'm mostly purchasing under my personal name.

I've purchased two properties personally utilizing seller financing and represented at least a handful of buyers acquire properties with private mortgages over the past five years including friends and family members.

Tennessee doesn’t have personal income tax but if we create an LLC we would have to pay state income tax.

Be thankful they are taking this step on their own to ensure they don't get behind and stick you with unpaid rent.I'm sure how much they may be approved for varies on a case-by-case basis, but I have tenants who have paid the full rent for multiple months through COVID rental assistance.Your role is limited, and in my personal experience requires just a bit of information on the balance due and a signature.

Stay in the job and snowball all my mortgages and let life coast or get off a job still snowball slowly and live life slower.Initially, when I purchased my first apartment building 10 years ago, I did it because I was curious.

Of course, life happens and sometimes a screened tenant is unable to pay their rent.