Each buyer's situation is going to be a little bit different and each lending institution will interpret the buyer's credit worthiness differently.

Hi BP, I would like to ask you if you could recommend me a novice book explaining the maths/formulas + how to interpret the values for real estate.i have been investing time to read books to gain some confidence and so far, these are the books ive read so u can rule them out. brrrrbook on rental property investinglong distance real estate investingbook on managing rental propertiesrch dad poor dadrichest man in babylonmost of these i heard from the podcast, i have complete guide to real estate fincance for investment properties, but i can feel i need a tier below so i can digest it better.thank you in advance.

Investing is not an art open to interpretation but a science that you can perfect in order to produce repeatable results.Understanding What constitutes a good deal, developing solid Due Diligence and Deal Structuring systems.

I’ll double check with the architect (once I hire them), but from my interpretation of the code and after talking to various people, they are pretty strict.

@Brandy Carrero my interpretation of the situation would be that you don't owe him anything other than half the mortgage payments going forward.

I wasn't sure how to interpret that! 

But again, since this specific entities operations and assets would all be completely confined within the state of MO a series LLC would be scrutinized under MO laws / interpretations and you shouldn't have to be concerned about other jurisdictions.This article might be mildly helpful? 

Don't let your agent become your knowledge interpreter.

It's an interesting question...and certainly a grey area that is open to interpretation.  

Not to say my interpretation is correct.