Those sales may happen off market between you two, or may have creative terms, but really you're negotiating two separate sale both of which only happen if you both like the terms.

. - The as-is value was $265,000, and I was able to get a short-term loan for $212,000 (0.80 * $265,000)- My down from hand was ($232,500 - $212,000) = $20,500- Including the closing costs, appraisal, inspection, and all other charges, my total BUY was $32,598Rehab:- It was a fixer upper.

Not sure what your short term rental regulations are for your area, but if HOA allows, airbnb could be a great way to acquire short-term, mid-term, or long-term roommates.  

Prepayment penalties- usually 1-5 year terms.

Newbie here - 2 weeks into my first property, I plan to house hack short-term rental (live in basement, rent main house) in Nashville.

Prepayment penalties- usually 1-5 year terms.

--Short answer: It really depends on which state the LLC is formed in.Long answer:Here's one way it could be done and afford you excellent protection, even as a single member.1.

What advice would you give to an investor starting out in terms of location?

BTW, I have created several MMLLCs, some with people I initially never met face to face, and at the core are general terms and, legally, the Operating Agreement.

Make up your own terms.