Best practice to just let banks assume it is a rental? 

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I also recommend all the tax advice given by my fellow CPAs on the BP Podcast.

This is an extremely common practice.

But granite is extremely durable and practical, unlike Corian or other trendy surfaces.

I suggest in practice it means your customers pay you $750 and $150 per year and exchange you mail them some apparently irs acceptable plan documents as PDF files and then bear little to no ongoing responsibility for plan compliance or tax law adherence.  

I have been looking and analyzing deals for practice, and am thinking about making an offer soon.

I reached out to a lawyer that practices in that area.

Practice conversion scripts. so when SELLERS come in, and you know they do, you can capture the lead info and begin working them. 3.

I have a sister-in-law who is a real estate agent but I don't think it's super practical to bring her into the mix (it's across the Twin Cities metro for her to get to the property). 

@Matt Andrew @gualter I agree it’s all about the cash flow but a simple question I have - and I am sure others here have as well - how is the rental market and how practical it is to find a reputable property management company locally?