Falling out of compliance can lead to penalties, lawsuits, and even damage to your reputation as a landlord.

First, I think self-doubt and fear keep most people from trying something new or investing in real estate.

In most cases you're only required to have 3-5% for a primary residence, I would say that's one of the most common ways people get started in REI. 

My buddy just got burned by someone borrowing from multiple people where the others weren't aware of each other and they thought they were the only one lending, etc.It all comes down to how well you REALLY know each person in the deal, and then, "do you REALLY know them?"  

If you have complicated leads, you're looking for advice, or you just want to connect, please hit me up. 

I really trusted my agent and knew several people who had invested in Reno so I took the leap after trying and failing for years to buy my own home in really high cost cities where I lived (NYC, DC, SF Bay area). 

Some people like having just one account for all their properties.

She will get a nice surprise next week when I show up at her door to (a) announce that I am her new property manager and (b) notify her that I will update her information with the collection agency she's been hiding from.Screen your applications, people!

I'm seeking advise from people who may have been down this road before on whether we should seeking other financing methods to go LLC to LLC or quit claim the lot back to our personal names to satisfy the 1031 exchange rules. 

We prefer 600 or better but are willing to work with people under.