You need to be ready to "pay for" having the asset protection afforded by a LLC. 

Attend local real estate networking events, meetups, and seminars to connect with professionals who have firsthand knowledge of the area and can provide valuable insights.

Confirm everything - the initial rental estimate provided by the wholesaler seems to be an aggressive estimate.

This structure provides several benefits:1.

While I can't provide specific advice on Michigan leases, I can offer insights on lease options.

They are not great loans but they will refi trailers and fab houses and provide money for purchases.

They can provide you with detailed information on their rental income calculation methods and help you understand how rental income may impact your ability to qualify for a mortgage.Additionally, working with a knowledgeable real estate agent and mortgage broker who have experience with rental properties and relocation situations can help you navigate the process more effectively and ensure you find the best solution for your needs.

Most lenders will still want to qualify the property on the remaining full amortization term to de-risk the loan.  3) Buyer PreApproval & Property Prequalification: You need to work with a lender that can provide this support.

The Seattle City Council voted to pass two bills Monday, each aimed at adding more protection and assistance for residents who face rent hikes.The first bill requires Seattle landlords to give tenants at least 180 days’ notice of any rent increases, triple the current number of days required.

Consider consulting with a real estate attorney or financial advisor who can provide guidance on the best course of action, especially regarding your plans for the 1031 exchange.