Good news: Yardi is doing very well in the industry, and as market share increases, so does the demand for employees with Yardi experience.

No, we would be bringing some money to the table for down payment, closing costs, etc.. 

So FHA has two sections:FHA section 203(b) is intended for properties that are move-in ready.However, FHA section 203(K) enables homebuyers to finance the purchase of a home and the cost of its rehabilitation. 

(or their forward hedge. which also cost a lot of money) The market for mortgage backer securities sets mortgage rates not the lender.

I am not as concerned with cost and would prefer quality and transparency.

Also, please bear in mind costs; some states could have annual fees for an LLC in the hundreds of dollars (e.g., California),  whilst other states have no such fees (Texas).

A simple mistake can cost you more money or time.Here's a pretty good guide: https://www.clarkcountyohio.gov/DocumentCenter/View/5210/CCO...

You can increase your budget once the deals start closing.

The cost of the new property covered the 1031 requirement of the value being equal or greater than the sale price of the joint property that was attributable to me (50%). - After closing as an individual buyer and completing all 1031 requirements (IMHO), I formed an LLC through my lawyer for the purpose of transferring the newly acquired property in there before I rented it out.

For me I’ve found the lower cost to entry to be more desirable in the residential market.