I'm a realtor here in Missoula, and I'm planning a large subdivision project with a partner of mine in nearby town, we'd be selling roughly 200 homes.

We plan on flipping our first home soon and a few down the road to eventually keeping a few as rentals.

With a second cause you sue for delinquent rent, late fees, damage, et al.You can file a first cause alone, a second cause alone, or a combined first and second.My question:  If you plan on filing a second cause (i.e. the deadbeat renter is gone and you have possession), how do you find out where he is to serve him the court summons? 

bottom line is plan for the worse hope for the best. 

Live there until once again see #1.4. 1031 into passive NNN commercial or fractional passive real estate that becomes your retirement plan until.....Yep see #1.You can live tax deferred but you gotta die to be tax free!

If needed (this shouldn't reallycome into play as plans are already being drawn)Keith Walker

A few of the reasons I’m planning to do this are. 1.  

this could be a good solution but you should still at least break even with LTRs as a backup plan. note that even a breakeven deal is only breakeven for a short time. rents go up, mortgage goes down. you could also start looking offmarket!

I’m a real estate attorney who has helped clients with large master planned developments (single family, multi family, commercial).

The build costs have to correct or the land prices do, we don't have much of this inventory on the horizon either with the general plan.