The child cannot be a consideration, for fair housing.We have split the vacancy costs with tenants who have a later move in date.Agree that a scoring system helps decide and document an unbiased decision.I would prefer the couple that doesn't have an expiring visa, if they have a track record of staying at addresses more than the length of the remaining visa. 

However, I’ve finally decided it was time to put all my knowledge to action and start wholesaling to help fund my rentals.

However, I’ve finally decided it was time to put all my knowledge to action and start wholesaling to help fund my rentals.

However, I’ve finally decided it was time to put all my knowledge to action and start wholesaling to help fund my rentals.I have a motivated seller, who has verbally agreed to sell me her house at 55k.

I suggest you look at other comps and decide your rehab budget/specs based on the #'s.

So, not many years ago I decided that I was going to break the corporate bonds.

At $100k I am $25k into my "safety net"...and I am very risk averse.Anyway after seeing the property sit a year I decided to reach back out to the owner (its a FSBO) and have another conversation.

I've been a member for a while, and decided its time to post...my wife and I are interested in SF rentals, or live-in rehabs that we would then turn into rentals. 

Giovanni,If you decide to go the LLC route you should consult with a good Real Estate Attorney and make sure the set up and your proceedures do not make it likely that the corporate veil will be pierced. 

Also if and when you decide to move out the unit would be able to charge market rent.