If the rules are reasonable, I think we will see several new portals pop up quickly, and hopefully the established platforms will adapt quickly to the new changes.  

The most of which is I need to find the right CPA for me to establish this business.

It also establishes a commitment from you as a buyer.

Additionally, the entity must be established where you are doing business.

@Joe Conklin  your talking about an FHA loan that requires owner occ.you may rent it and move if you can establish that this happened ...

Once that figure is established then one subtract following costs: 1.Sale Cost (Commission and escrow)2.Carrying cost (Loan cost)3.Fix up cost4.Desired Profit5.Purchase escrow costAfter one deducts all the above costs from the projected sale price one ends up with recommended purchase price.You can call me if you have any other questions.Good luck,George

If it is the tenant's responsibility and they don't keep it in check, then have a clause that allows you to have it done at their expense.Also, establish clear expectations in the rental agreement about noise, illegal activities, parking, etc.

"The veteran must have a history of continuous resident in the community and there must be no indication that the veteran has established, intends to establish, or may be required to establish, a principal residence elsewhere" VA Pamphlet 26-7, Revised Chapter 3 Section 5.h     In order to clarify this with the lender, I established that I attended the University of Florida from 2007-2010, '10-'12 I went to training and deployed but maintained residence in Gainesville. 

@Jerry Bruckenheimer  Should have been more specific around the secured CC's.....these would be the deposit CC's where you front a deposit in order to obtain the credit card to help establish a positive reporting line.  

Generally speaking, the impact of this tax on your returns is minimal, and you are going to receive a higher cash-on-cash return using leverage, but you certainly want to be aware of the burden of this taxation going in.If you establish a self directed IRA with a custodian (Trust Company), you will need to submit requests for all expense payments - including the mortgage - and pay processing and/or asset based fees depending on the institution.If you establish a checkbook IRA LLC, then you control the checkbook and do not require 3rd party processing.