However, a quick call to your local lenders (and I do mean lenders, call up half a dozen or so for an overview of your region) should be able to answer that question.I will say, for the path that I outlined above and with your goal of quickly scaling up to large multifamily properties, the limit on the number of loans you can hold should not come into play as your purpose for buying them is not to build an extensive portfolio, but to gain hands-on experience.

My office is near Hamilton Ave.We are working on a burn out at this time.The owner has already collected his insurance money, so the motivation is there.He wants more than we are willing to pay, but as you know everything is negotiable.Fire damaged houses can be profitable.There is a service that will report to you all fires in the area.We work with Public Adjustors who represent owners to get the highest possible pay off.Insurance companies are notorious for beating you down and paying as little as possible. 

If this is a one time use or if you want to save some money you can use a couple of garden hoses connected together and make yourself some 2ft clear hose extensions to put on each end.

During the lease period, does the investor act like the property manager (or hire a PM) to handle repairs and collecting rents.  

For me, I would use it as a down payment on an apartment complex, hire a great property manager, and sit back and collect. 

Or did the seller owner-finance to you and you're lease-optioning to a tenant buyer, collecting spread on the rent less debt-service?

My hunch is that she's collecting some sort of property management fee from this couple, and/or telling them it's rented for X and only sending them Y amount that she's collecting from some other property--basically she's figured out some way to profit off this couple.  

. - Collect rent using QuickBooks - mention my name.

Assets can include automobiles, artwork, collectables, etc, in addition to traditional sources like real estate or financial assets.Let me give you an example. 

He lives in FL and collects the rents.