Not much of a deal but after a few thousand dollars of paint and flooring, I have a corporate tenant on a three year lease paying $350 over my PITI.

You will typically need to provide ID, application (they will provide this), corporate documents if going into LLC name instead of individual, 2 months bank statements showing available funds for down payment, fees, points, as well as typically 3-6 months reserves to ensure you are able to make the interest only payments while fixing up the property and before it sells.Any other questions or if you would like more detail feel free to ask.

However, it only protects you from one type of liability: accidents.After that you want to compartmentalize your assets, which is often accomplished through the use of LLCs or corporations.

I was looking into doing corporate rentals.

And the correction will be triggered by outside forces affecting real estate (corporate debt, student loan debt, international policies that affect outside investors, trade wars, etc).  

I’ve dealt with both short term rentals and hotels (franchise, corporate, leased, owned) The challenge is that you have no control of the building.

He's just so burnt out and wants a corporate job.

However, it only protects you from one type of liability: accidents.After that you want to compartmentalize your assets, which is often accomplished through the use of LLCs or corporations.

I am currently stuck in corporate America Monday-Friday and really trying to swim as fast as I can to get out of the rat race.

However, it only protects you from one type of liability: accidents.After that you want to compartmentalize your assets, which is often accomplished through the use of LLCs or corporations.