Its not as easy as ABC.You'll need to document 30% equity in your current primary SFR in order to use the rental income and you'll need 2 months payment reserves on the new property and the current property as well.There are ways around the 30% equity requirement on conventional financing but that is a more indepth conversation.

recommend somehow having a chat room tab in there as well, would be nice to be able to have live conversations.

Someone recommended a limited durable power of attorney to speak with the "tenants".

Basically, I've had the initial conversation with them, asked about their houses condition, and the majority of these leads are folks who want retail for their house that's in need of extensive repairs.

@mar As a landlord I have been burned more times and have more stories I can't talk about in polite conversation because I get so riled up. 

Only two options would work for me: A) 100% cash at the time of closing-within few weeks up to 60 days max - provided some active conversations going on.B) I will continue to be the landlord - getting market rent - will pay for services whichever applicable for managing property, collecting rent, etc.

Only two options would work for me: A) 100% cash at the time of closing-within few weeks up to 60 days max - provided some active conversations going on.B) I will continue to be the landlord - getting market rent - will pay for services whichever applicable for managing property, collecting rent, etc.

I wouldn't kill most or all of my purchasing power trying to get my LLC to be a stand-alone borrower some day down the line.  

If you haven't yet- be sure to setup some "Keyword Alerts" to get into conversation in your target area.Seeya around!

A local real estate attorney said we could open a bank account with power of attorney that has been notarized (appostile, maybe?)