An email from a person you don't know would seem like more of a scam than a letter since it's less likely a scammer would send you physical mail than an email.

Thanks for the adviceThe place was filled with trash but still better than an un-wanted tenant 

I'm on the side of the fence with Robert Kiyosaki and all those guys who say owning a primary residence is a liability rather than an asset. 

Regardless of who I was renting to.That having been said, I've heard it's more difficult to get mortgages as a company rather than an individul , (higher interest rates, etc.) so there's that to consider as well...

We can survive 50% hit to rental income for just under five years by exhausting business cash reserves.

A good insurance policy is better than an LLC.Joe Gore

I would think it's best to exhaust conventional financing first.

Since you are looking to live in it, you may be able to get a better deal than an investor on some properties.

Entities don't rank much higher than an afterthought in my book.

.* Condo is not FHA approved* Condo has a high concentration of investors, i.e. non-warrantable condo* Condo association might not be putting aside the required 10% to reserves* Condo association might be defunctThis is not an exhaustive list.