Why wait till you're done having kids when you can start now and provide an even better future for your children-meaning you will have some more free time to spend time with those kids and also the money to send them off to college in good standing. 

@Tracie Staine - contact @Joe Mueller, he owns and started Investors Title Services  https://investorstitleservicesllc.com/, I have used them several times and they definitely save you money over a commercial title company.Joe is an investor himself, plue he owns TANIS Group Realty, he is a stand up guy and always willing to help other investors however he can.

I work on Wall St and never took a math class in college. 

I prefer to stand up to the bully.

Says the insurance company will fight hard if sued for $5MM.As far as I know, when I got into active businesses in LLC's, S Corps, they are not covered by the umbrella but stands on it's own with their own liability.

This is a free-standing house, not attached.

If there is a deck, it must be free standing and not be nailed to the house for load support.

I have a 6877 sf 6BR/5bath home that we are about to rehab and can easily make 3 suites w kitchenettes and private baths plus an outdoor stand alone studio. 

Makes sense from a protection stand point, but doesn't seem to work in regards to building your first real estate business. 

If the seller has good property and the market is strong he's better off selling it on the retail market, no matter how good your "pitch" is.But if he's sick and tired of being a landlord and can't stand the idea of one more tenant call, then he has a problem.