I did some research on the official website about R5 zoning and didn't see anything that said I can't do it.

Relax, you're fine.As with a trust, lenders do not exercise the "due on transfer/sale" clause when real property is transferred to the same individuals in an official capacity (e.g.

If it's priced lower, it will get bigger interest, but you just don't know the quality until they officially apply.

@Stephanie Stevens You should have no liability on the gas bill since that runs with the person whose name it is in but with the water I would have to ask you if you officially got deeded the property or not? 

My guess is that business pays you and you then pay the principal and interest on your line of credit.LLC will cut the check to you and mark it against Interest Exp.This will look like this on your LLC's books:Debit Interest ExpenseCredit CashAs for everything, have a promissory note to make it official.

But now I will officially be official.

Hello, I am starting out to 'officially' attaining my first investment property in 2019.

I am starting out to 'officially' attaining my first investment property. 

We are in the process of buying our first official real estate investment!

My agent is really great and covering all of the official details like inspection and I have a lawyer for leases, etc., but I was wondering if anyone has any "gee I wish I had thought of this earlier" tips for someone about to be a newbie landlord.