The metrics need to fit your objectives and market.I understand your reasoning for looking for rent at 3% GOI, but be advised that in many areas it will not be a reality; in our local market you have to hunt hard for half that (1.5%).  

I still advise you to seek as much "professional" assistance as you can as there may be alternative strategies to sell and not violate these acts.Great feedback Brian and Jim.If you require more info please email me personally.Talk soon,John Fedro

Once again, all advise is greatly appreciated.

There are many special cases that they can advise you on.

Im trying to stick to real estate and focus on my Investment career rather than settle for a job (I think it will pay off in the long run).Does anyone have advise on how i should go about finding funding to re-launch my marketing champaign?

I had an attorney advise against QCDs in TX because they may cloud a property's title...Thanks in advance for the feedback.Rey

You might consider speaking with a financial adviser about this.

Maybe someone I can look over there shoulder as I continue my learning and some advise as I get a few deals under my belt.

I've always been advised to set up the property owner to be an LLC and to have a separate bank account as well - which all makes sense.My question though - what if I create an LLC with a corresponding bank account, but I own the property myself, and have the tenants rent from the LLC?  

Without knowing anything about you, your skills or your opportunities, none of us can really advise you.I will advise you that if you are struggling to make ends meet, buying a house is NOT a good idea.