Look for lenders who provide multiple repayment options.

I am starting from ground zero, with no prior background or capital to invest, but with a strong desire to create passive income for my family.I currently work as a middle school teacher in California, and while I love my profession, I have a strong desire to explore avenues that could potentially provide financial stability and additional income streams.

For all the people out there that are happy about the NAR Settlement, that are happy about "sticking it" to the RE Agent, claiming that RE Agents make too much money, don't provide good service/advice, that they don't have to pay high commissions any more, and that they can fill out "paperwork" and sell a house themselves...are the embodiment of ignorance and inexperience. 

I currently have a document sponsor, but not a compliance provider.

He keeps our group on task and provides excellent feedback with our deals.

I am taking a loan of $280,000 but for some reason, the lender I am talking to is charging me about $6800 of lender fees in the closing costs quote that he provided, along with other overpriced charges that I have not received when I got a previous loan from a different lender in California.

In your situation, considering the looming deadlines and financial pressures, the following options could provide some assistance and get your through:1.

That would make zero sense.Most Class B properties are also not the target for S8 tenants.That leaves Class C & D properties.There are a ton of inexperienced (and only a few experienced) investors buying Class D properties and trying to entice S8 tenants to rent them.

With a spirit of innovation, I transformed a single-family residence into a semi-multi-unit dwelling, aspiring to provide affordable housing.

This structure provided a balanced level of protection without being overly cumbersome - that said 3 LLCs was a pain.If you're inclined towards maximizing legal liability protection, you might consider creating individual LLCs for each property.