**Capital and Experience**: While some strategies require less capital or experience, it's essential to recognize that both can significantly enhance your chances of success and mitigate risks.9.

@Wade Wisner Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

Meaning, that if you want to move your property into another LLC that you own, you will have to recognize a taxable gain on the difference between the fair market value of the property and your adjusted basis - even though you did not actually receive any cash for the sale. 

That is something only you can decide but just recognize owning a property has more incidental expenses than be in a renter

My philosophy is recognize that there is competition... but we don't base our business decisions on what our competition is or isn't doing... we always base it on what the customer needs and how we can best get our message in front of them.

But I do recognize each area is different, so maybe not.

Jessica is correct, for a number of different reasons, that grandson may not have a legally cognizable right to the property (his interest in the property may not be recognized as valid by the court). 

Lastly, one does not need to be a veteran fireman to recognize the house is on fire. 

@Mike Street you have a name that can easily be branded and recognized and flows within the industry, you could play off of that that way when you scale you won’t have to worry about the name being area specific

Colorado and Montana are the only U.S. states to have both common law marriage and to formally recognize putative spouse status."