Its very frustrating because I've applied very conservative numbers in the deals to protect myself and I plan on having asset protections in place but the banks don't care.

If it is a condo, apartment, etc, the home owner's association may have some input and legal bearings that would be difficult to cross.That being said, I can't imagine that most sellers who offer owner financing would care too much about you renting the property or not as long as YOU are held liable for the condition in which the property is left, should the loan get foreclosed upon.I would find a way to do what you want to do, while protecting the collateral that secures the loan for the seller/lender.

I am surrounded by young professionals in the same position as I am, and I have a dream of becoming a band of game developing real estate owners who can protect some their wealth.

You can deny any applicant for any reason, as long as it is not a protected class.

An llc will offer more protection if done correctly. 5.

On the other hand, responsible people with equity in their home were stuck with higher interest rates due to inability to refinance (and get the same lower rate honestly).Whatever investing you decide to do, consult with an attorney and/or CPA on protecting your assets in case a deal goes south.

I'd offer 10% down and 6% interest on the rest.Get a private mortgage to protect the seller.

Thus the government wants to try to protect people from being taken advantage of.

Just did some research on this, and military.com says:First, for purposes of protection under the SCRA, the lease must be signed by the servicemember, or on behalf of the servicemember (by the use of a power of attorney.)

What about rolling in cable , if it's $60 add $100 to the rent (password protect - pay per view of course).Here's another angle I use for increasing rent, allow dogs.