Is it best to have a property (physically holds the property) holding LLC, then have a holding company that specifically owns the LLC’s interest?

This is a plus because all you have to do is call the assigned case manager and you know exactly how your property is doing without having to physically see it.

He seemed mild-tempered, listened to his owner's commands, friendly and looked ok physically from his shiny black coat and bright curious eyes.I've never allowed pets before but this property has a large dog enclosure that the owner agreed he could utilize with her providing a dog house for him to sleep/rest in.

So yes, while for 99.89% part to start and or do REI with no money, no credit, no assets to throw into it, basically obtain property and profit from it with nothing of physical value to leverage into it is rather a crazy notion, it is not impossible just improbable.

Benefits of managing your own or others' rental properties:• Learning hands on○ if you are new to the real estate investing game this is one of the best ways to scale your knowledge quickly○ One of the first rentals I managed I was too lenient with the tenant and allowed them to get three months behind on rent (huge lesson to learn)• Learn how screen tenants properly○ Developing a formal application process will teach you what to look for in a good tenant○ You'll have more data behind the types of properties and the type of tenant related to that class• Collecting rent○ Would you like to physically go to the property each month, collect rent via Zelle, collect rent via apartments.com/Cozy?

The land owner, who is leasing the property to the owners association, owns the physical dirt, the parcel upon which all of the improvements lie.

Here’s a breakdown of the components you can expect to see:The BasicsParties involved: This refers to the new buyer and seller.Description of real estate: The address and legal description of the property must be included.Deed type: What type of deed comes with the sale of the property should be specified.Condition of premises: This section lists out the physical state of the property, including existing damage and needed repairs.Purchase price and financing: The agreed-upon price and financing terms are recorded along with where deposits will be held.Closing date: This will be the day when the real estate transaction is finalized.Contingencies, Clauses and MoreFinancing contingency: This addition allows the buyer to back out of the transaction if they’re unable to obtain the required financing.

I'm 100% T&P in Florida, but same rules in TX- unless you are physically in the address, that is considered fraud, so I would advise against that. 

There are still some counties in FL that don't have online auctions, you would have to physically go to the courthouse with your certified check and bid on the property. 

Owner occupied is physically living in the property.