I'm in the same situation now with a fourplex I informed the bank it's going to be delivered vacant they said no problem as long as the LTV and 20% down is met plus personal financial history is good once you go past 4 units in my area then it goes into the commercial division which could be different circumstances also I asked the banker about an LCL versus privately owned he said they will not finance an LCL because of the added layer of protection it offers the buyer.

He got his principle and interest back in 8 - 10 month (I don't remember the exact time from because it was about 3 years ago) and he was happy about it.I know that people will say that using credit cards is risky in general, but when it comes to using credit cards in order to invest in real estate, as long as you have a solid plan, I think that it can be a great way to get started.  

And if they have their boyfriends there, I don’t think I mind as long as they pay on time.

In our S-corp, the income goes into the S-Corp which we choose to make outsize retirement contributions (from my understanding that's OK as long as all employees get the same deal) instead of taking it as W-2 income from the S-corp. 

As long as you purchase in the right neighborhoods, you won't have a problem with tenants either.

As long as you don't squander it gambling or getting new cars you would be much better off IMO.

You've heard that you have to occupy a home that you purchase with a personal loan at 5% down for one year so you can't rent it, and you're applying that to a multifamily or roommate situation with the same property.The reality is, you can rent your property immediately as long as you occupy it.

We are going through the closing process, so while I would usually be on top of the process, I've taken the role of dragging out the closing as long as possible.

As long as everything is under the same tax ID, you could use QuickBooks.

As long as you have the income, credit and down payment for all of these transactions you'll probably be able to find a lender who will do multiple loans in that time frame.