I pay for community lighting - basically 2 light poles.  

Do you mind shedding some light on what the benefit would be to have them list your LLC as a certificate holder only?

A rugged renovation (move walls, replace wiring, holes in roof) will likely require hard money or a renovation mortgage, while a light renovation (paint, replace flooring) won't require more than a regular investor mortgage.  

I had never heard of renting a property by the room outside of university systems and would like to know if anyone has experience with this and what criteria they used to chose this over traditional property renting.

Any feedback or can anyone shed light? 

I would also "interview" the wholesaler (I say this lightly) ask them questions, "How long have you done this?"

This means I will probably need to get my next multifamily with a traditional full down payment loan.

How would you like to be in business with other people, purchase a light bulb for the property in your partnership and then have to go through hell because your partners are angry because they could have purchased the light bulb for $1 less than what you paid.You would think that 3 brains are better than one, but the problem I usually see is one person in the group usually controls the entire group with a loud mouth, strong convictions and regardless of what he tell the group in relation to being right or wrong.

In case you are eligible for the Solo 401k, here are some of the benefits it would offer compared to a self-directed IRA:Solo 401k contributions limits are roughly ten times higher than IRA limitsThere is no custodial requirement for the 401kYou don't need the additional expense and administration of an LLC to have checkbook controlThere is a built in-Roth component whereas IRAs are either traditional or Roth, not bothA spouse can also participate in the same Solo 401k planThe Solo 401k has additional tax benefits over an IRA when investing into real estate using leverageThe penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

You can use a black light to find areas the cats were spraying walls, baseboard, cabinets, etc.