I'm going to sell one of my rental properties and offer seller financing with a 30-year mortgage term.

@Bill Fanelli I am not personally using it, but I heard it can be a bit troublesome in terms of onboarding.

Rentals are the best for building long term wealth building.

So long as each LLC does not own more than two residential dwelling properties, or more than four dwelling units total, the LLC may require two month’s rent as security deposit.Although elsewhere I have expressed the opinion that placing each rental unit into its own LLC is maybe not necessary for limiting liability, if an investor is subject to the new security deposit limitations, the idea of limiting the number of dwelling units in any LLC to four rental units, now has an added benefit of allowing the LLC to require higher security deposits.Below is the pertinent portion of the statute:(4) (A) Notwithstanding paragraph (1), a landlord may not demand or receive security, however denominated, in an amount or value in excess of an amount equal to two months’ rent, in addition to any rent for the first month paid on or before initial occupancy if the landlord meets both of the following requirements:(i) The landlord is a natural person or a limited liability company in which all members are natural persons.

In terms of the title, you can go in together and the loan can be under one or both people depending on qualifications.

And is there anyway to still get a property that needs some things fixed on it via a VA loan , so long as the repairs are Under a certain amount .... $1,000 or less ? 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $118,000

Cash invested: $30,000

This is a single family property this is rented by the room. The entire house is fu...

I would also explore the different rental strategies- long-term, medium-term, short-term, or rent-by-the-room.

This wasn’t our first go with short term rentals.

So, long story short.