I just always like to see monthly expense numbers so I can always be practicing running the numbers myself like I did with your financing numbers!

Again, I don't intend to be a nay-sayer; I'm just new to this and don't see practical, repeatable, consistent ways to find 20% discounts on properties -- please fill me in!

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney.

@Gerardo Dominguez @Cesar Rebolledo: Yes, I'll go and if they don't make me sign a non-disclosure I'll definitely come back to the thread and share some insights.Though I'll practice saying "No" before I go.

In theory, yes it is possible for rental income to be sufficient to satisfy lender income requirements.In practice, this typically only happens after you own a few solidly cash flowing properties.

If they are not licensed they wont get that practice on a daily base.  

I say this because my parents went the cheap route on their rent house and the roof practically is falling apart to this day. 

The whole problem with LLCs, rentals, and corporate veils is that the LLC rules are practically nonexistent, when that is the case, lawyers figure out what you can/can't do based on case law, but there isn't enough case law out there to let them know *exactly* when the "corporate veil" is compromised.

Best books or detailed article/videos to learn about this (preferably after Dodd Frank was put into practice)?