The good news is that most of your GL exclusions are common exclusions, and the definitions of how they typically work can be found by searching the internet or visiting with your agent. 

Some lenders will underwrite what market rent would be if it was a long term rental regardless of what it is producing, although this is more common in commercial underwriting.  

My buyer's agent said it is not appropriate to ask this kind of questions at this stage, which I didn't understand why.Is it common practice in real estate transaction that this kind of info is not communicated between buyer and seller side at pending?

Avoid some common mistakes and you'll be on the right path.

We can also have multiple LLC's per policy as long as the LLC's have common ownership.Let me know if you need any connections in Milwaukee.

I always assumed that you can only do a 1031 exchange in syndications if you have 'Tenancy in Common' (or) if you have an LLC with exact same set of partners in every syndication you invest.? 

Some areas are prone to repetitive theft, so research how common this is before installing a new unit.

Hey Alfred,Charging for parking is common. 

Basically you cant write off something that never happened....Its common sense if you think about it... 

A more common problem starting out is actually analysis paralysis.