I am in the process of creating a new LLC for this endeavor and hopefully will have that wrapped up soon.

To reduce expenses.

These lenders typically cover the purchase and rehab costs because they’re more focused on the value of the property than your personal financials.Rehab: Use the borrowed funds to fix up the property, adding value by making necessary repairs or improvements.

Ive been looking into housing/duplexes among other things and was hoping to get someone more expiernced to give me some advice on what would we be a good route to take or if I should wait. 

Lenders are lining up to provide down payment, “gap” financing, and earnest money deposit financing so that they, with no experience, no capital, and no knowledge can purchase a property they incorrectly analyzed as a good purchase, for “nothing” down.

I want to give it a try to find a tenant myself.

Straight-up rent-by-the-room?

I'm excited to be here and learn.

Some of this might be do to seasonality (I don't have anything to compare to because I started marketing on FB about 9 months ago). 

"Additional Insured" on Insurance Policy to Property as CollateralHow specifically should a private lender be mentioned on the owner's insurance policy to a property used as collateral to a loan.