This is an extremely important point, because if there is no clear rules defined by each person, then it can be confusing and lead to anger or resentment between partners.

I personally love the area.

The main key is for online contact to become personal relationships.

Which means I may well have been the only person foolish enough to bid on it, among the billions of people with internet access.On the other hand, the fact that the owner didn't pay taxes since 2018 is not a big red flag.

I personally do a cost seg on every single property I buy (This is not tax or legal advice). 

I realize you wanted a paper trail for everything, but that loses you a lot of ground in personal relationships.

DSCR is a great tool to use when you are self-employed or you want to avoid using personal or business income to qualify.

I have personally used these policies to fund investments and renovations. 

Say someone has $20,000 cash and its just sitting there, and cant be used for retirement accounts because they are maxed, and the person has no debt.

@Ahmad Aram It can be harder to purchase homes using an LLC as opposed to your personal name.