Fannie mae allows you to transfer your loan into an LLC, but it is recommended that you speak to your loan servicer and ask that if they themselves will allow you to do so.

Can anyone please share the link to Diego Corso podcast episode on how he got started in real estate as an immigrant?

I understand I wouldn't get the benefit of tax deductions, but what else am I missing that makes this a good deal? 

This is due to different owner structures, not that each property needs an LLC.

I submitted an application etc but I am going to finish the rehab to get better terms before resubmitting.The back story is that I am about 90% done rehabbing a home for a rental. 

I would say if you do jump in without physically going to the area...you should definitely buy in a nicer neighborhood (I hear too many stories with new investors getting burned investing in bad neighborhoods). 

Don't set up an LLC at all. 

Should I work with a local Architect to design from scratch?

anything I should know, be causious of or be aware of?

Should I buy the rotten apple?"