I always repeat that you've got to do the right thing.

As for separate LLCs for each property that would shield the liability from one property not affecting the other property but might hinder you when u are ready to leverage the business to get a loan.

We simply prefer to live below our means, as my husband's work is affected by bad weather.

Is there anything I can proactively do to help us get approved if my issues will affect our application.

I forgot to check age of A/C, and will do that next time I visit the property.3) Yes, city water and sewer.For education sake, how would differences in these items affect your analysis of the deal?

When the mortgage is assigned shouldn't affect any rights, as it all reverts back to date of origination.

That may affect your ability to get the new loan.

I would suggest you begin to simply learn those so you can understand how each idea affects a loan.

Couldn't tell you how that affects flipping.

In order to have positive affects on your FICO (or any of the credit models) you will need to have positive trade lines.