To offset that consumption the rest of the property should create revenues to pay for that consumption and ideally provide a profit to the owner occupant after expenses.If you've never read the wealth of nations its pretty awesome stuff but, its NOT light reading and is in ye olde English as it was written in the 1776 :-D~http://www2.hn.psu.edu/faculty/jmanis/adam-smith/wealth-nations.pdf

If you're ever up in my neck of the woods give me a shout always interested in networking with other like-minded individuals.

I guess I am looking for numbers that would be ideal to you as to get a better idea of what to look for.Thanks

If your a buy and hold investor, are you planning on putting the properties into one persons name and getting traditional (30 year) financing (traditional mortgages are for individuals, not LLC's) An umbrella policy for a few million is a cheap way to take care of liability, and even if you have it in a series of LLC's and your 5 entities from it, if your involved in the rehab, and someone gets hurt because of neglect or something you should have know, you liable...and if your managing a rental and something goes wrong, your just as liable.

This way, you're two individuals investing in a deal ... buying the house together, splitting costs, etc.

In order to be an eligible borrower under FHA you need to be Legal Age (18 or older) or married.There are also maximum allowable loan limits that are set by individual counties.

I agree Carolina NA the 1/1's is less than ideal. Ive

Any of those things individually might be insufficient but I believe there will be a benefit in redundancy.

This was on a busy street and a traffic light was installed at this time, with the light being about 15 feet from the front door, not an ideal environment for a rental.

To justify this type of system, I'd say it would only have value to the biggest funds out there holding thousands of assets, the Macro seekers, not the Micro.We've spent years developing this system and we still have anomalies and output failures (false positives) when you look at individual outputs.