Here are a few below:Generally, buying through your personal name can reduce the interest rate - commercial rates on LLC mortgages are usually higher but you can research thisMost LLCs on incorporation don’t have any credit so it may be difficult to find. a lenderIf you own the property in your personal name you are exposing yourself to more risk and will want to transfer the property into LLC as soon as you canIf you own property in your personal name and transfer to LLC the lender may not allow or can call the entire loanLLC or personal ownership you need insurance.If you search the forums for this topic using the magnifying glass feature in top right corner of your screen on BiggerPockets you will find a lot of discussion on "Quit Claim" "Buying through LLC", "LLC or not" etc....

Rather than doing a flip I would recommend doing the BRRR strategy which you're halfway through.

Just click on the magnifying glass in upper right and learn why. 

Since you gave the rose tinted glasses scenario in case of default let me give the other side of the coin. 22yo E-4 gets married and buys a house out in town, rolls his funding fee into his mortgage and lives there for three years. 

I’m halfway there right now.

My most favorite emails to receive is "Hey, your internet service for so-and-so address was flagged for participating in illegal activities" for a property half way across the country.

Am I halfway there? 

I usually give my clients a bottle of Veuve Clicquot and a couple of flute glasses.

Account Closed If you really want to make R.E.I. your lifetime career, put yourself in the best position to do so, and to succeed without any caps or glass ceiling, go to a good University, major in Real Estate, minor in Finance, get a Bachelors degree.

I'm about halfway done with Rich Dad Poor Dad, and already can't wait to get to some of the others which I bought per the recommendations of the podcast guests.