They are not treated any differently and must meet the landlords qualifications to be acceptable as a sublet tenant.

We have gotten to wear we are through treating every house like an investment.

Option price is typically treated as a credit toward the purchase.  

Even if you don't have to do anything now to rent it out, its very possible, the tenant may treat it so badly that you end up spending the entire amount of further appreciation on rehab.    

They are not going to volunteer all these relationships to you, nor will these people treat you like the experienced investor, but if they know you have experience from working under that investor there is a chance they will be more open to having a relationship with you based upon the experience of the other investor.Hope that helps...PS The best thing about a mentor in your local market is a great mentor will know the market well enough to know a deal without having to use guess work, they typically understand the little differences in neighborhood that might cause a radical drop in house values of homes that might look like deals, but are really "Money Pits".

I've read some Guru's books talking about LLC treated as S-Corp.

If you are intent, focused and do a zero based budget every month, you will pay of your debts quicker than you think.I guess I am at the point where you can talk numbers all day and rationalize why to do this and do that, but I am here to tell you get those suckers paid off as quickly as possible, because they will wreak havoc on your lifestyle in the long run.We have been conditioned to treat student loans as they are no big deal, that its just a part of life, that it is something we have to deal with.

I don't think an app will handle everything we need at this point.I guess I should have also mentioned that all of our units are treated as single units; we have several duplexes and 7'plexes.

I treat business like business.

If he tells you that you may need a structural engineer it may be a bigger unknown .not seeing it sounds like one or a few of the joist are damaged. if that is the case it can be repaired in a day a so with sissor the joist or install new joist to put the load back on the joist that is transferred.Jeremy said termite could be but one look will tell you what is going on if so you treat it and do the same thing if the damage is not to bad.