I'm not a lawyer or an expert in asset protection so we'll just say that we're officially out of my depth on that topic :)It sounds like you've done very well so far, why not just keep doing what you've been doing, while leveraging experts to improve your business operations?

Your scenario doesn't answer improvements/capital repairs.Seller financing is usually short term 3-5 years with a balloon note. be prepared for 1 or 2 properties to eat up your cash reserves in a recessionRental occupancy and rates may decline in a recession

I find the most important thing when going through the rehab is to make sure you are not over improving the property relative to the other rentals you will be competing against.

Without paying for education and the free education you have received, how confident are you in making a note business successful?

Exterior/amenity improvements, unit interiors roughly 50% of the total, add 3 additional units in storage space.

Exterior/amenity improvements, unit interiors roughly 50% of the total, move leasing office from unit, to extra space in building next to laundry room (making laundry room much smaller with new laundromat next to property)

I am hoping to add some simple/cosmetic improvements to the house for a good ARV.

It allows you to buy properties for less, because of their condition, improve their value, attract better tenants and create equity in the process.

I think after I start getting acclimated with the field and feel confident in my market knowledge (and have about 6 months net income stored away) I will jump in the deep end of the pool. 

@Steve Hall so its fraud to use “spend down” to make home improvements to a condo in a trust?