Even then you need a business license if you are collecting any kind of payment for it even if it is your place.  

A seller needs a buyer he can trust.

So, if Title is held by the LLC and the mortgages are under your name, who makes the mortgage payments?

You can fact-check them with property managers on the first couple of deals you look at to build that trust. 

I was running some numbers and it seems to me that when you're doing a BRRRR you have two choices: you can either pull a lot of money out in the refinance, which then helps you scale up quickly, but then you leave yourself with a high mortgage payment, and little to no cash flow.

Trust is the cornerstone of any landlord-tenant relationship, and deceit can undermine it.

A 15 year mortgage requires you to pay whatever the monthly payment is with no flexibility, with a higher payment.

Avail is more limited to the tenant experience side of things such as creating lease agreements and accepting rent payments and deposits.

Since your dad has more capital to invest, you may be able to leverage his funds for down payments or renovation costs while using your real estate license to identify and analyze deals.Market Research: Whether you're investing in California or out-of-state, conduct thorough market research to identify emerging markets, trends, and investment opportunities.

This strategic move paid off handsomely as we were able to command higher rents than initially projected.Here are the key financial details of the deal:Purchase Price: $270,000 (jointly with a partner)Financing: Obtained a commercial bank loan with a 30% down payment, 7% interest rate, and a 20-year amortization period.Initial Rents: $1050 and $1250Current Rents: $1400 and pre-leasing for $1500 (making it a 1% rule deal!)